On May 8, 2026, CM Management disclosed in a U.S.
Securities and Exchange Commission (SEC) filing that it sold its entire stake in Preformed Line Products (NASDAQ:PLPC), an estimated $6.39 million trade based on quarterly average pricing
What happened CM Management reported in a SEC filing dated May 8, 2026, that it sold all 25,000 shares of Preformed Line Products during the first quarter. The estimated transaction value, based on the average closing price for the quarter, was approximately $6.39 million. The quarter-end valuation for the position declined by $5.17 million, reflecting both the sale and market price changes.
What else to know – Top holdings after the filing: – NASDAQ:ALCO: $8.25 million (6.9% of AUM) – NASDAQ:RIGL: $6.35 million (5.3% of AUM) – NASDAQ:RPRX: $6.00 million (5.0% of AUM) – NYSEMKT:RLGT: $4.58 million (3.8% of AUM) – NYSEMKT:INTT: $4.50 million (3.8% of AUM) – – As of May 7, 2026, PLPC shares were priced at $345.28, up a staggering 150% over one year and well outperforming the S&P 500 by 129.02 percentage points. Company overview Company snapshot – Preformed Line Products designs and manufactures formed wire products, hardware, and protective closures for energy, telecommunications, and cable industries; key offerings include conductor supports, cable protection systems, and network hardware. – The firm operates a manufacturing-driven business model, generating revenue from direct product sales and value-added solutions for network construction and maintenance. – It serves public and private utilities, communication companies, cable operators, contractors, and distributors across the Americas, EMEA, and Asia-Pacific regions. Preformed Line Products is a global manufacturer specializing in products essential for the construction and maintenance of overhead and underground networks in the energy and communications sectors.