Punch & Associates Investment Management, Inc. Buys Columbus McKinnon Corp, Select Energy Services Inc, Ring Energy Inc, Sells Invesco S&P 500 Pure Value, Horace Mann Educators Corp, Procter & Gamble Co

• New Purchases: WTTR, REI, ORCL, HWCC, DHIL, INTC, USB, WFC, PFE, SBFG,
• Added Positions: CMCO, TCPC, HQH, GRBK, CELC, AGYS, MVC, HCKT, ALG, PRGX,
• Reduced Positions: ELY, PG, PFLT, PLOW, SPOK, ADUS, SHOO, TTGT, MBUU, UBNK,
• Sold Out: RPV, HMN, CHUBK, NVS, CULP, CMD, NCMI,

For the details of PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=PUNCH+%26+ASSOCIATES+INVESTMENT+MANAGEMENT%2C+INC.

1. Capital Southwest Corp (CSWC) - 1,838,667 shares, 2.8% of the total portfolio. Shares reduced by 1.76%
2. B. Riley Financial Inc (RILY) - 1,258,690 shares, 2.38% of the total portfolio. Shares reduced by 2.03%
3. INTL FCStone Inc (INTL) - 529,951 shares, 2.3% of the total portfolio. Shares reduced by 2.59%
4. Drive Shack Inc (DS) - 2,882,930 shares, 1.87% of the total portfolio. Shares reduced by 5.13%
5. TechTarget Inc (TTGT) - 700,156 shares, 1.67% of the total portfolio. Shares reduced by 10.36%

Punch & Associates Investment Management, Inc. initiated holding in Select Energy Services Inc. The purchase prices were between $11.88 and $17.64, with an estimated average price of $14.72. The stock is now traded at around $13.17. The impact to a portfolio due to this purchase was 0.52%. The holding were 427,770 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. initiated holding in Ring Energy Inc. The purchase prices were between $11.93 and $17.16, with an estimated average price of $14.54. The stock is now traded at around $12.01. The impact to a portfolio due to this purchase was 0.33%. The holding were 312,495 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. initiated holding in Oracle Corp. The purchase prices were between $42.82 and $48.45, with an estimated average price of $46.06. The stock is now traded at around $48.23. The impact to a portfolio due to this purchase was 0.32%. The holding were 85,225 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. initiated holding in Houston Wire & Cable Co. The purchase prices were between $6.9 and $9.05, with an estimated average price of $8. The stock is now traded at around $8.00. The impact to a portfolio due to this purchase was 0.14%. The holding were 203,000 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. initiated holding in Diamond Hill Investment Group Inc. The purchase prices were between $189.3 and $203.54, with an estimated average price of $198.22. The stock is now traded at around $187.36. The impact to a portfolio due to this purchase was 0.1%. The holding were 6,200 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. initiated holding in Intel Corp. The purchase prices were between $48.76 and $57.08, with an estimated average price of $53.07. The stock is now traded at around $48.12. The impact to a portfolio due to this purchase was 0.07%. The holding were 16,900 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. added to a holding in Columbus McKinnon Corp by 192.68%. The purchase prices were between $34.59 and $44.45, with an estimated average price of $38.7. The stock is now traded at around $39.63. The impact to a portfolio due to this purchase was 0.82%. The holding were 340,676 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. added to a holding in BlackRock TCP Capital Corp by 1560.56%. The purchase prices were between $14.11 and $14.86, with an estimated average price of $14.51. The stock is now traded at around $14.79. The impact to a portfolio due to this purchase was 0.2%. The holding were 175,804 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. added to a holding in Tekla Healthcare Investors by 45.51%. The purchase prices were between $20.46 and $22.21, with an estimated average price of $21.28. The stock is now traded at around $22.68. The impact to a portfolio due to this purchase was 0.18%. The holding were 318,727 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. added to a holding in Celcuity Inc by 499.99%. The purchase prices were between $16.13 and $26.99, with an estimated average price of $19.45. The stock is now traded at around $26.00. The impact to a portfolio due to this purchase was 0.14%. The holding were 79,337 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. added to a holding in MVC Capital Inc by 31.95%. The purchase prices were between $9.5 and $10.11, with an estimated average price of $10. The stock is now traded at around $9.48. The impact to a portfolio due to this purchase was 0.13%. The holding were 662,447 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. added to a holding in Agilysys Inc by 24.41%. The purchase prices were between $11.78 and $15.55, with an estimated average price of $13.21. The stock is now traded at around $15.95. The impact to a portfolio due to this purchase was 0.13%. The holding were 512,833 shares as of 2018-06-30.

Punch & Associates Investment Management, Inc. sold out a holding in Invesco S&P 500 Pure Value. The sale prices were between $63.17 and $68.43, with an estimated average price of $66.3.

Punch & Associates Investment Management, Inc. sold out a holding in Horace Mann Educators Corp. The sale prices were between $41.6 and $45.75, with an estimated average price of $44.3.

Punch & Associates Investment Management, Inc. sold out a holding in CommerceHub Inc. The sale prices were between $22.5 and $22.74, with an estimated average price of $22.65.

Punch & Associates Investment Management, Inc. sold out a holding in Novartis AG. The sale prices were between $72.44 and $81.87, with an estimated average price of $77.05.

Punch & Associates Investment Management, Inc. sold out a holding in Culp Inc. The sale prices were between $24.55 and $31.8, with an estimated average price of $29.7.

Punch & Associates Investment Management, Inc. sold out a holding in Cantel Medical Corp. The sale prices were between $95.1 and $129.78, with an estimated average price of $111.89.