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Quantbot Technologies LP Purchases Shares of 75,784 Textron Inc. $TXT
Quantbot Technologies LP has acquired a new stake in Textron Inc. (NYSE:TXT), purchasing 75,784 shares valued at approximately $6.4 million. This comes amidst significant insider selling, with executives disposing of shares totaling nearly $30 million in the past three months. Despite mixed Wall Street sentiment, Textron holds a “Moderate Buy” consensus with an average target price of $98.60, and recently announced a quarterly dividend.