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Thursday, May 10, 2007

T Rowe Price Increase Stake In XMSR

T Rowe Price filed a 13G/A today indicating they had increased their ownership in XM to over 10% with 31.7 million shares as of 4/30/07, up from 26.4 million at the end of 2006, making them the largest institutional shareholder of XM. It seems likely they may have absorbed some of the selling pressure from AXA noted earlier. Click HERE for link to SEC filing.

5/10/2007 10:47:00 AM


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