Minerva Advisors LLC Buys FreightCar America Inc, Nicolet Bankshares Inc, Lumos Pharma Inc, Sells Transcat Inc, , Adams Resources & Energy Inc

• New Purchases: NCBS, LUMO, NECB, ABIO,
• Added Positions: RAIL, CTG, SGA, DGICA, ATRO, NVGS,
• Reduced Positions: TRNS, AE, STFC, AUD, AUD, ISBC, CAC, ASRV, SCX, DWSN,
• Sold Out: MFNC,

For the details of Minerva Advisors LLC's stock buys and sells, go to https://www.gurufocus.com/guru/minerva+advisors+llc/current-portfolio/portfolio

1. Great Lakes Dredge & Dock Corp (GLDD) - 982,540 shares, 8.62% of the total portfolio.
2. Chase Corp (CCF) - 120,253 shares, 7.14% of the total portfolio. Shares reduced by 0.33%
3. InfuSystems Holdings Inc (INFU) - 846,351 shares, 6.41% of the total portfolio.
4. Computer Task Group Inc (CTG) - 1,217,404 shares, 5.64% of the total portfolio. Shares added by 4.58%
5. The E W Scripps Co (SSP) - 523,407 shares, 5.50% of the total portfolio.

Minerva Advisors LLC initiated holding in Nicolet Bankshares Inc. The purchase prices were between $68.55 and $78.15, with an estimated average price of $73.06. The stock is now traded at around $74.880000. The impact to a portfolio due to this purchase was 0.24%. The holding were 5,561 shares as of 2021-09-30.

Minerva Advisors LLC initiated holding in Lumos Pharma Inc. The purchase prices were between $7.36 and $11.36, with an estimated average price of $9.43. The stock is now traded at around $9.000000. The impact to a portfolio due to this purchase was 0.19%. The holding were 34,015 shares as of 2021-09-30.

Minerva Advisors LLC initiated holding in NorthEast Community Bancorp Inc. The purchase prices were between $10.06 and $15.6, with an estimated average price of $11.12. The stock is now traded at around $11.140000. The impact to a portfolio due to this purchase was 0.17%. The holding were 26,639 shares as of 2021-09-30.

Minerva Advisors LLC initiated holding in ARCA biopharma Inc. The purchase prices were between $2.77 and $3.74, with an estimated average price of $3.09. The stock is now traded at around $2.470000. The impact to a portfolio due to this purchase was 0.02%. The holding were 10,000 shares as of 2021-09-30.

Minerva Advisors LLC added to a holding in FreightCar America Inc by 26.00%. The purchase prices were between $4.36 and $6.16, with an estimated average price of $5.28. The stock is now traded at around $4.830000. The impact to a portfolio due to this purchase was 0.33%. The holding were 614,121 shares as of 2021-09-30.

Minerva Advisors LLC added to a holding in Donegal Group Inc by 67.37%. The purchase prices were between $14.04 and $15.72, with an estimated average price of $15.04. The stock is now traded at around $14.340000. The impact to a portfolio due to this purchase was 0.06%. The holding were 18,881 shares as of 2021-09-30.

Minerva Advisors LLC sold out a holding in . The sale prices were between $19.25 and $21.5, with an estimated average price of $20.56.