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ITW's stock rose 4.9%, yet major investors reduced holdings, including a 71.6% drop by DRW Securities.
Illinois Tool Works Inc. (ITW) saw its stock value rise 4.9% in the fourth quarter, but DRW Securities LLC reduced its stock position by 71.6%.
Meanwhile, institutional investors like Nicolet Bankshares Inc. and Fmr LLC increased their holdings.
The company's CEO and directors have also sold significant portions of their shares.
ITW has a "Hold" rating, a $264.09 target price, and a market cap of $68.18 billion.
6 Articles
Las acciones de ITW aumentaron un 4,9%, pero los principales inversores redujeron sus tenencias, incluyendo una caída del 71,6% en DRW Securities.