Brown Capital Sells $35 Million in Glaukos Stock After Sharp Sell-Off

Baltimore-based Brown Capital Management reported a sale of 376,359 Glaukos Corporation shares for an estimated $34.6 million in the third quarter, according to an SEC filing.Brown Capital Management disclosed in an SEC filing on Tuesday that it reduced its holding in Glaukos Corporation (NYSE:GKOS) by 376,359 shares in the third quarter. The estimated value of the transaction was $34.6 million based on the average closing price during the quarter. At quarter-end, the firm held 762,760 shares worth $62.2 million.The sale lowered Glaukos Corporation’s weight in Brown Capital Management’s portfolio to 2.6% of 13F assets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool