Price fund bulks up on Rightside shares — T Rowe

Fund has purchased regarding 700,000 shares this year.

We know that Frank Schilling, Daniel Negari and Mike Ambrose have been selling Rightside (NASDAQ:NAME) shares lately. So who’s been buying?

T Rowe Price filed an amended 13G with the SEC that noted a sharp increase in the number of shares one of its funds holds.

As of August 31, 2016, the T. Rowe Price Modest-Cap Value Fund owned regarding 2.2 million shares, or 11.4%, of the firm. That’s up from regarding 1.5 million shares, or 7.8%, at the end of 2015.

The investment is worth regarding $18.5 million at the current share price. The fund has net assets of $8.41 billion.