An investor group that includes Stilwell Value LLC disclosed a 0.6% stake in IF Bancorp Inc., based on the company's 3,560,852 outstanding common shares reported as of Sept. 4.
The Joseph Stilwell-led group has beneficial ownership of 22,219 IF Bancorp common shares, according to an amended Schedule 13D filed Sept. 24.
On Sept. 23, Stilwell Value Partners VII LP sold 29,023 IF Bancorp shares for $653,888. On the same day, Stilwell Activist Fund LP sold 20,386 shares for $459,297. From Sept. 23 to Sept. 24, Stilwell Activist Investments LP sold 149,016 shares for roughly $3.4 million.
