O-I Glass Shares Are Up 17% This Past Year, but One Fund Just Sold Off $80 Million in Stock
2026-03-02 14:50:05 ET
On February 17, 2026, Cooper Creek Partners Management disclosed it sold 6,030,588 shares of O-I Glass (NYSE:OI) , an estimated $79.78 million trade based on quarterly average pricing.
According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Cooper Creek Partners Management reduced its stake in O-I Glass by 6,030,588 shares during the fourth quarter. The estimated value of the transaction is $79.78 million, using the average closing price for the period. The fund’s position in O-I Glass ended the quarter at 4,031,112 shares, worth $59.50 million. The net position value declined by $71.00 million, reflecting the combined effect of share sales and price changes.
O-I Glass is a global leader in glass packaging, supplying a diverse range of containers to prominent food and beverage companies. The company's scale enables it to offer a broad product portfolio and customized solutions to meet client needs. Strategic supply agreements and an international footprint support its competitive position in the packaging industry.
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