Navios Maritime investor sells 3.8 million shares, cuts stake to 1.4%

By Lisa Kerner

Charlotte, N.C., June 24 - A group of Navios Maritime Holdings Inc. investors led by Golden Ocean Group Ltd. sold 3,863,180 shares between June 8 and June 23 priced from $4.00 to $4.82, according to a schedule 13D/A filed with the Securities and Exchange Commission on Wednesday.

The investors beneficially own 1,411,965 shares, or 1.4%, of the Piraeus, Greece-based seaborne shipping and logistics company.

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