Open Text Corp (OTEX) Shareholder Great West Life Assurance Company Increased Its Stake as Shares Rose

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Based on the latest 2018Q4 regulatory filing with the SEC, Great West Life Assurance Company upped its holdings in Open Text Corp (OTEX) by 4.22%. By buying 205,866 shares Great West Life Assurance Company made the stock popped up with 9.45%. The edp services company announced $166.01M value for the 2018Q4. Now the institutional investor is holding 5.09 million shares, compared to the 4.88 million from the previous quarter. Open Text Corp has $10.33B market cap. OTEX is hitting $38.56 during the last trading session, after decreased 0.39%.Open Text Corporation has volume of 43,462 shares. Since April 17, 2018 OTEX has risen 9.17% and is uptrending. The stock outperformed the S&P500 by 4.80%.

A portfolio of $34.96B is managed by Great West Life Assurance Company. As it’s issued in SEC filling the stake in Intel Corp (NASDAQ:INTC) is decreased by 142,173 shares to 5.22 million shares. They are valued at $244.92M in 2018Q4. For a total of 157,130 shares it reduced its holding in Lam Research Corp (NASDAQ:LRCX) by 23,722 shares in the quarter, and has cut its stake in Procter And Gamble Co (NYSE:PG).

For more Open Text Corporation (NASDAQ:OTEX) news brought out briefly go to: Prnewswire.com, Seekingalpha.com, Prnewswire.com, Fool.ca or Benzinga.com. The titles are as follows: “OpenText Showcases how Intelligence, Integration and Automation Drive Innovation in Content Services at AIIM Conference 2019 – PRNewswire” brought out on March 26, 2019, “Open Text: The Future Is Here – Seeking Alpha” on March 07, 2019, “Pandora Selects OpenText’s Digital Asset Management Platform for Streaming Advertising – PRNewswire” with a publish date: April 11, 2019, “The Technology Index Is Up by 33% in 3 Months! Don’t Miss the Train! – The Motley Fool Canada” and the last “Barron’s Picks And Pans: Conoco (NYSE:COP), Foot Locker (NYSE:FL), Open Text (NASDAQ:OTEX), Tilray (NASDAQ:TLRY) And More – Benzinga” with publication date: April 06, 2019.

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