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L&S Advisors sells shares in State Street, despite the company's strong earnings and revenue growth.
US investment firm L&S Advisors has decreased its holdings in State Street Corporation (STT) by selling 43,838 shares, reducing its stake by 34.6%.
State Street reported a strong quarter with earnings per share of $2.60, surpassing analyst estimates.
Despite insider selling and mixed analyst ratings, the company's revenue grew by 12.1% to $3.41 billion.
State Street provides financial services to institutional investors globally.
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L&S Advisors vende acciones en State Street, a pesar del fuerte crecimiento de los ingresos y ganancias de la compañía.