Pinestone Asset Management Reduces $9M in WD-40 Company ($WDFC)
Key Points
- Pinestone Asset Management changed its WD-40 Company ($WDFC) stake by 87.99% last quarter, cutting to 5,239 shares worth $1.17 million.
- $WDFC last traded around $223.01.
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Pinestone Asset Management reduced its position in WD-40 Company ($WDFC) by 87.99% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,239 shares of WD-40 Company after selling 38,371 shares during the quarter. Pinestone Asset Management's holdings in WD-40 Company were worth $1.17 million as of its most recent filing.
WD-40 Company Stock Up 2.7%
Shares of WD-40 Company ($WDFC) traded around $223.01 on Saturday, up 2.7% for the day.
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About WD-40 Company
WD-40 Company engages in the provision of maintenance products and homecare and cleaning products in North America, Central and South America, Asia, Australia, Europe, India, the Middle East, and Africa. The company offers multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; drip and specialty oil lubricant, and specialty maintenance products under the 3-IN-ONE brand; and e bike maintenance products under the GT85 brand. It also provides automatic toilet bowl cleaners under the 2000 Flushes brand; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand; bar soap and liquid hand cleaner products under the Lava and Solvol brand; automatic toilet bowl cleaners under the X-14 brand; carpet and fabric sanitizers and deodorizers products, and spot stain cleaners under the no vac brand; and room and rug deodorizers under the 1001 and 1001 Carpet Fresh brand. The company sells its products primarily through hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, warehouse club stores, farm supply, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.
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