Icahn Partners Sells $30.1M of Centuri Stock, Cutting Stake Over Four Days
CTRI sits 20% above its 52-week low of $18.505.
Summary
Icahn Partners sold 1.5 million Centuri shares for $30.1 million over Nov 9-12, dropping its stake to 12.8 million shares, with sale prices sliding from $21.00 to $17.50.
Key Events · Ownership and Investor Activity · CTRI
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Icahn Sells $30.1M of Centuri Stock
Icahn Partners disposed of 1,500,433 shares in four open-market sales from 2026-11-09 to 2026-11-12 for total proceeds of $30,147,705.
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Sale Prices Slid Through the Week
Execution prices fell from $21.00 on Nov 9-10 to $19.72 on Nov 11 and $17.50 on Nov 12, indicating the block cleared at progressively weaker levels.
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Stake Reduced to 12.8M Shares
Post-transaction holdings stand at 12,835,611 shares, down from 14,336,044 before the sales began.
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10% Owner, Not an Operator
Icahn is a 10% owner only — not a director or officer — so the sale reflects portfolio management rather than an insider's read on operations.
Analysis · CTRI · Energy & Transportation
A 10% owner exiting a meaningful slice of its stake is a real overhang, and that is what happened here: Icahn Partners unloaded 1.5 million CTRI shares for $30.1 million in open-market sales from Nov 9 to Nov 12, reducing its position to 12.8 million shares. The selling prices fell each day — $21.00, then $19.72, then $17.50 — meaning the block was absorbed at progressively lower levels, and today's $22.25 price sits well above the last trade print. It adds supply and raises the question of whether more sales follow. This is a financial investor trimming, not an operating executive's view of the business, but the size and the falling execution prices make it the most notable ownership event in the recent timeline.
How filings like this one have moved
In the 30 days to Nov 12, 2026, 47.3% of the 1873 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.17%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CTRI was trading at $22.25 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $2.2B. The 52-week trading range was $18.51 to $42.99. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.