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Major investors increased stakes in PNC Financial Services, despite recent insider sales.
Several major investors increased their holdings in PNC Financial Services Group during the third quarter, with stakes rising significantly for firms like International Assets Investment Management LLC and Assenagon Asset Management S.A. Zacks Investment Management boosted its stake by 11.8%, now owning 0.11% of PNC stock valued at $79.97 million.
Institutional investors own about 83.53% of the company's stock.
PNC insiders have also sold shares recently, totaling $5.61 million in stock sales.
Analysts have raised price targets, with ratings ranging from "hold" to "buy."
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Los principales inversores aumentaron sus participaciones en PNC Financial Services, a pesar de las recientes ventas de información privilegiada.