Journey Advisory Group reduces stake in Advanced Drainage Systems by 63.8%, while Q2 earnings surpass estimates.

Journey Advisory Group LLC has significantly reduced its stake in Advanced Drainage Systems, Inc. by 63.8%, holding 1,716 shares valued at $275,000. Other institutional investors have also adjusted their positions, with notable increases from Victory Capital Management and Russell Investments. The company reported Q2 earnings of $2.06 per share, surpassing estimates, and received upgraded price targets from KeyCorp and Barclays.

September 06, 2024
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