Hewitt Associates shareholders sell 950,331 shares, cutting stake to 8%

By Lisa Kerner

Charlotte, N.C., May 7 - General Atlantic LLC reported beneficial ownership of 7,522,257 shares of Hewitt Associates, Inc. in a schedule 13D/A filed on Thursday with the Securities and Exchange Commission.

The investor sold 950,331 shares between April 27 and May 5 priced from $30.10 to $31.50 each, the filing said.

Between March 21 and April 24, General Atlantic sold 1,051,744 shares priced from $30.00 to $30.11 each, a prior SEC filing said.

General Atlantic has an 8% stake in the Lincolnshire, Ill., human resources outsourcing and consulting services company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.