Miller Value Partners Sells $11 Million Stake in Nabors Industries Despite 325% Stock Gain
On May 15, 2026, Miller Value Partners sold 158,307 shares of Nabors Industries (NBR) for an estimated value of $11.49 million according to SEC filings. The move reduced the fund's position in NBR by approximately $5.52 million at quarter-end. Despite this sale, Nabors' stock has surged 325% over the past year and currently represents about 10% of Miller Value Partners’ reportable AUM.
Tickers: $NBR
Topics: portfolio changes SEC filings stock sales