Tiger Asset Management Sells 1.1% Stake in SND: What Happened?

On September 10, 2025, Tiger Asset Management announced a decrease in its SND stake from 5.88% to 4.78%, a 1.1% drop. This was due to a change in holdings exceeding 1% for ‘simple investment’ purposes, and appears to have been mainly through market sales.

Background of the Sale and Hidden Meaning: Why Did They Sell?

The official reason for the sale is a change in holdings for ‘simple investment’ purposes. However, there’s a record of them purchasing 6,025 shares on September 9th. This suggests the possibility of simple profit-taking or portfolio adjustments. The sale is more likely due to external factors rather than a deterioration of SND’s fundamentals.

SND’s Solid Fundamentals: So What Happens Next?

SND’s Q1 2025 earnings were very positive. Sales increased by 40.27% year-on-year, and operating profit surged by a whopping 120.70%. Financial soundness is also very stable. Considering these strong fundamentals, it seems unlikely that this stake sale will significantly impact the long-term stock price trend. Instead, a short-term price correction could be a buying opportunity.

Action Plan for Investors: What Should You Do?

  • Mid- to long-term investors: A staggered purchase strategy during price corrections is recommended.
  • Short-term investors: Closely monitor market conditions and be wary of short-term volatility.

It’s important to closely monitor future changes in Tiger Asset Management’s stake, SND’s Q2 earnings announcement, and new business development progress.