TASE:ARYTAerospace & Defense
How Investors Are Reacting To Aryt Industries (TASE:ARYT) Stake Sale And Rising Institutional Influence
In recent weeks, controlling shareholder Zvi Levy sold a 6.9% stake in Israeli defense manufacturer Aryt Industries to a mix of Israeli and foreign investors, including institutions such as Phoenix and Mor, ahead of the January 15 Tel Aviv Stock Exchange index weighting update.
This transaction not only broadens Aryt’s investor base and is expected to enhance trading liquidity, but also follows shareholder pressure that led the company to drop plans to list its Reshef Technologies...