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Summit Investment Advisors reduced Vail Resorts shares despite the company beating earnings forecasts.
Summit Investment Advisors Inc. trimmed its holdings in Vail Resorts, Inc. by 2.8%, selling 216 shares to own 7,503 shares valued at $1.406 million.
Vail Resorts beat earnings expectations, reporting $6.56 per share compared to forecasts of $6.29, with revenues meeting estimates at $1.14 billion.
The company's stock opened at $137.76, reflecting a 30.2% increase in share price during the quarter.
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Summit Investment Advisors redujo las acciones de Vail Resorts a pesar de que la compañía superó los pronósticos de ganancias.