Mac nut investor
increases stake
Farhad Fred Ebrahimi, president and chief executive officer of Denver-based Quark Inc., has increased his family's stake in ML Macadamia Orchards LP to 10.5 percent.
Ebrahimi, the Big Island company's largest shareholder, now owns 788,500 shares of the company's 7.5 million outstanding shares.
Ebrahimi, who has been gradually increasing his holdings over the past several years, purchased 7,500 shares last week at $3.65, according to a Securities and Exchange Commission filing. Ebrahimi's company, Quark, makes the desktop publishing software QuarkXPress.
As of last Thursday, Ebrahimi and his wife, Mary Wilkie Ebrahimi, jointly owned 534,200 shares; Farhad Fred Ebrahimi and Farhad Alexander Ebrahimi jointly owned 243,800 shares; and Farhad Fred Ebrahimi and Crescent River LLC jointly owned 10,500 shares.
ML Macadamia Orchards' stock offers a dividend yield of 5.4 percent.
