Norton Co. Sells Some of Its Vitesse Holdings

A Massachusetts company has cut its stake in Vitesse Semiconductor Corp. in Camarillo, selling 145,000 shares between June 25 and Oct. 16, according to a Securities and Exchange Commission filing.

With the sale, Norton Co., a Worcester manufacturer of abrasives and construction and plastics products, reduced its holdings in Vitesse to 5.5%, or 783,333 shares. In addition, on Aug. 24 Norton transferred 4,816 shares of Vitesse’s stock to Victorian Partnership of Rancho Dominquez, Calif.

No sale prices on those transactions were disclosed. On Monday, Vitesse’s stock closed at $4.75 per share on over-the-counter trading, but its 52-week high is $21 and its low $3.625. Vitesse is a maker of integrated circuits.