$64 Million Exit: Lamb Weston Stock Down 9% As Investor Dumps 1 Million Shares
2026-03-02 11:20:09 ET
On February 17, 2026, Gates Capital Management, Inc. disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold out of Lamb Weston (NYSE:LW) , exiting 1,096,923 shares worth $63.71 million.
An SEC filing dated February 17, 2026, shows Gates Capital Management, Inc. fully liquidated its stake in Lamb Weston, selling 1,096,923 shares. The quarter-end value of the position decreased by $63.71 million.
Lamb Weston is a leading supplier of frozen potato products with a diversified global customer base across retail and foodservice channels. The company leverages scale, brand portfolio, and operational expertise to maintain a strong position in the packaged foods industry. Strategic focus on innovation and broad distribution supports its competitive edge in value-added frozen foods.
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