Neuberger Berman Group LLC

10% Owner Neuberger Berman Group LLC buys 390,625 shares of its own fund at $10.24; $4.0M purchase

Neuberger Berman Group LLC, as a 10% owner, purchased 390,625 shares of Neuberger Asset-Based Credit Fund at $10.24 on 2026-05-27, increasing holdings to 9,574,149 shares. The transaction reflects a routine portfolio management activity by a major shareholder in a fund that bears the insider's own firm name. The $4.0M purchase adds 4.3% to pre-transaction holdings. Without context on fund valuation dynamics, redemption pressure, or strategic intent, this appears to be a standard liquidity or position-maintenance activity rather than a high-conviction contrarian signal. The insider's cross-ticker track record shows mixed timing on prior sales (33.33% well-timed rate with -13.0% average 30-day return), offering limited predictive value for this fund-specific transaction.

Neuberger Berman Group LLC purchased 156,862 shares of Neuberger Asset-Based Credit Fund at $10.20, raising holdings to 9,183,524 shares.

Neuberger Berman Group LLC, a 10% owner, acquired 156,862 shares valued at $1,600,000.00 in an open-market purchase, increasing its stake by 1.7% to 9,183,524 shares. The 10% owner's cross-ticker track record shows 3 prior sells with an average 90-day return of -12.2% and a 90d well-timed rate of 33.33%, indicating historically mixed sell-timing outcomes across the insider's broader trading activity. This purchase represents a discrete addition to the fund but lacks context regarding current valuation or strategic positioning.

Neuberger Berman (10% Owner) sold 3,470,917 shares of GETY at $2.27; stock now at $1.78, -59.6% from 52-week high.

Neuberger Berman sold 3,470,917 shares (3.47M shares) of Getty Images at $2.27 on 2025-10-31, reducing its stake from 74,112,262 to 70,641,345 shares, a -4.7% reduction in holdings. The sale occurred at a price that has since declined to $1.78, reflecting a -59.6% decline from the 52-week high of $4.41. Across Neuberger Berman's same-ticker history at GETY, 2 of 3 prior sells were well-timed at the 90-day mark, with the two most recent sales in April 2023 showing 90d returns of -38.0% and -40.9% respectively. The company's fundamentals remain challenged: net income stood at -$34.4M against quarterly revenue of $234.9M, and the stock trades at a P/E of 17.80 despite negative earnings, suggesting the market continues to price in turnaround expectations or asset value.

10% owner Neuberger Berman liquidates entire 30.61M share stake in ETWO for $98.3M at $3.21

Neuberger Berman Group LLC, a 10% owner, executed a complete exit from E2open, selling 30,607,831 shares for $98,346,021.79 on 2025-05-27, reducing holdings from 30.61M shares to zero. The sale occurred at $3.21 per share, trading -34.4% below the 52-week high of $4.88, while the company reported a $-346.9M net loss over its most recent full fiscal year despite $151.7M in quarterly revenue. This total liquidation by a significant institutional shareholder, combined with E2open's persistent unprofitability and revenue decline of -4.2% year-over-year, signals material deterioration in the company's financial trajectory. The timing and scale of this stake reduction warrant close monitoring of institutional confidence in the company's path to profitability.

10% owner Neuberger Berman sells 4,100,000 GETY shares at $2.46; stock down 26.7% in 30 days, -48.9% from 52-week high.

Neuberger Berman, holding 74.18M shares post-transaction (down from 78.28M), reduced its position by 4.10M shares (-5.2%) at $2.46 on 2024-11-20. The timing context is significant: Getty Images stock has declined 26.7% over the prior 30 days and 48.9% from its 52-week high of $5.60, and the sale occurred after substantial near-term weakness. The insider's prior two sales at this same ticker (both on 2023-04-24) both proved well-timed at the 90-day mark, with subsequent declines of -38.0% and -40.9%, establishing a pattern of selling ahead of further deterioration. Fundamental headwinds remain: net income is negative at -$2.5M on revenue of $240.5M, and annual revenue growth is flat at -1.0%, suggesting operational pressure beneath the equity offering price structure. The 10% shareholder's continued dominance of the cap table and this discretionary sale in a declining market warrants tracking whether additional disposition follows.