Morgan Stanley, on an aggregate basis through its subsidiaries and managed funds, reached a 5.04% stake in the common shares of Construtora Tenda (TEND3) on November 11, 2026. The group came to hold 6,181,072 common shares of the company, following transactions carried out on the spot market. Tenda released the notice on November 12, 2026.
According to the letter sent to the company, the position includes 5,767,081 common shares and 413,991 shares borrowed through loans. Morgan Stanley also reported exposure to cash-settled derivative instruments: a long position of 32,900 shares (0.03%) and a short position of 15,600 shares (0.01%).
The investor stated that it does not intend to change the composition of the controlling shareholding or the management structure of Construtora Tenda.
Is TEND3 worth investing in?
- Price
- R$ 18.27
- as of 11/11/2026
- Dividend yield
- 8.00 %
- P/L
- 4.27
- P/VPA
- 1.47
