Robotti Robert Makes New Investment in Canadian Tire Co., Limited $CDNTF

Robotti Robert bought a new stake in shares of Canadian Tire Co., Limited (OTCMKTS:CDNTF) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 316,591 shares of the company’s stock, valued at approximately $12,515,000. Canadian Tire makes up about 2.0% of Robotti Robert’s investment portfolio, making the stock its 15th largest position.

Canadian Tire Price Performance

Shares of CDNTF opened at $155.70 on Wednesday. The business’s 50 day moving average price is $172.01 and its 200-day moving average price is $168.91. Canadian Tire Co., Limited has a 52 week low of $150.14 and a 52 week high of $236.05.

Canadian Tire Profile

Canadian Tire Corporation, Limited is a diversified Canadian retail company known for its extensive portfolio of automotive, home, and leisure products. Through its signature Canadian Tire retail stores, the company offers a wide range of goods including automotive parts and accessories, tools and hardware, sporting equipment, home appliances, and seasonal products. In addition to its brick-and-mortar footprint, Canadian Tire operates an integrated e-commerce platform that supports online ordering, in-store pickup, and delivery services.

Founded in 1922 by brothers John W.