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Teton Advisors LLC Invests $3.01 Million in Allient Inc. $ALNT
Teton Advisors LLC has made a significant investment of $3.01 million in Allient Inc. (NASDAQ:ALNT), acquiring 67,200 shares. This places Allient as the 11th largest holding for Teton Advisors, representing 1.9% of its portfolio and a 0.40% ownership stake in Allient. The investment follows Allient’s strong Q4 performance, which saw better-than-expected earnings and revenue, growth in data-center demand, and a reduction in net debt.