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Investors and insiders sold off Lowe's shares despite the company beating earnings estimates.
Premier Fund Managers Ltd and other firms reduced their holdings in Lowe's Companies this quarter, reflecting mixed signals as Lowe's beat earnings estimates but saw a 2% revenue decline.
The company's market value stands at $128.89 billion, with a dividend of $1.20 per share set for August 6.
EVP Juliette Williams Pryor also sold shares, reducing her ownership by 3.42%.
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Los inversores y los expertos vendieron las acciones de Lowe a pesar de que la compañía superó las estimaciones de ganancias.