Driven Brands' Investor III Capital Management Sells $3.6 Million Stake Despite $1.9 Billion in Revenue
III Capital Management sold 255,860 shares of Driven Brands (NASDAQ:DRVN) for an estimated $3.6 million during Q1 2026, according to SEC filings. The value of the fund's stake declined by $3.96 million due to both the sale and stock price changes. Despite reporting $1.86 billion in trailing twelve-month revenue, Driven Brands' shares have underperformed significantly over the past year.
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Topics: portfolio changes SEC filings stock sales