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Oppenheimer Asset Management boosts stake in struggling but growing Magnera Corporation.
Oppenheimer Asset Management has increased its stake in Magnera Corporation by 15.3%, now owning 27,091 shares worth $492,000.
Despite a negative return on equity of 10.88% and a negative net margin of 6.06%, Magnera reported a significant 47.7% increase in revenue year-over-year.
The company's stock, with a market cap of $448.92 million, has also seen insider buying recently.
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Oppenheimer Asset Management aumenta su participación en Magnera Corporation, que está en dificultades pero en crecimiento.