Why One Fund Sold $5 Million of Chart Industries Stock

2 hours ago 1

Jonathan Ponciano, The Motley Fool

Sat, January 24, 2026 astatine 3:38 PM CST 4 min read

Connecticut-based Iridian Asset Management sold 23,051 shares of Chart Industries successful the 4th quarter; the estimated commercialized size was $4.67 cardinal based connected quarterly mean pricing.
Meanwhile, the quarter-end presumption worth decreased by $4.58 million, a fig that reflects some trading and terms changes.
Following the sale, the money reported holding 6,326 GTLS shares valued astatine $1.30 million.
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On January 23, Connecticut-based Iridian Asset Management disclosed a merchantability of 23,051 shares of Chart Industries (NYSE:GTLS), with an estimated transaction worth of $4.67 cardinal based connected quarterly mean pricing.

According to its SEC filing dated January 23, Iridian Asset Management reduced its holding successful Chart Industries by 23,051 shares during the 4th quarter. The estimated worth of the shares sold is $4.67 million, calculated utilizing the quarterly mean closing price. The money ended the 4th with 6,326 shares worthy $1.30 million. The reported quarter-end presumption worth dropped by $4.58 million, reflecting some trading enactment and banal terms movement.

The money sold Chart Industries shares, leaving the presumption astatine 0.48% of reportable AUM arsenic of December 31.

Top 5 holdings aft the filing:

NYSE:ACVA: $23.97 cardinal (8.8% of AUM)
NYSE:HLF: $23.67 cardinal (8.7% of AUM)
NYSE:HGV: $20.81 cardinal (7.7% of AUM)
NYSE:POST: $16.75 cardinal (6.2% of AUM)
NYSE:LAD: $15.68 cardinal (5.8% of AUM)

As of January 22, Chart Industries shares were priced astatine $207.49, down 4% implicit the past twelvemonth and underperforming the S&P 500’S astir 14% summation successful the aforesaid period. The presumption was antecedently 2.3% of the fund's AUM arsenic of the anterior quarter.

Metric

Value

Price (as of January 22)	$207.49
Market Capitalization	$9.33 billion
Revenue (TTM)	$4.29 billion
Net Income (TTM)	$66.70 million

Chart Industries manufactures engineered instrumentality for vigor and concern state industries, including cryogenic retention tanks, vigor exchangers, LNG equipment, and specialty products for hydrogen, CO2 capture, and biogas.
The institution generates gross done the merchantability of superior equipment, aftermarket services, and leasing solutions crossed 4 operating segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.
It serves a planetary lawsuit basal successful energy, concern gas, power, nutrient and beverage, aerospace, and specialty end-markets, targeting some large-scale concern clients and niche applications.