Daddy Ryan Cohen!
Cohen Bolsters Stake in Company
Ryan Cohen's Father, Ted Cohen, Continues to Inspire Activist Investor's Moves
Ryan Cohen, the former CEO of online pet supplies store Chewy and current activist investor in Bed Bath & Beyond, has bolstered his stake in the company with a purchase of 443,842 shares, equivalent to a 10.7% stake. The news comes despite Cohen's recent sale of his entire stake in Bed Bath & Beyond, a move that sent the company's stock plummeting.
Cohen's decision to increase his stake in the company has sent Teddy Holdings, a company led by Cohen's father, Ted Cohen, back into the spotlight. The address for Teddy Holdings is the same as the one for Teddy Publishing, a company that publishes books, including a children's book written by Ted Cohen.
Ted Cohen's influence on Ryan Cohen's investment strategy has been well-documented. In a recent interview, Ryan Cohen said that his father's lessons have guided him throughout his life. It is likely that Ted Cohen's continued involvement in Teddy Holdings and his son's investment decisions will continue to be a topic of interest for investors and analysts alike.
We welcome future shareholders of Teddy or anyone who believes in Ryan Cohen and is bullish on his ventures.
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