Finemark National Bank & Trust Raises Position in Wells Fargo & Company $WFC

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Finemark National Bank & Trust significantly increased its stake in Wells Fargo & Company by 28.4% in the third quarter, bringing its total holding to over $11 million. Despite this, insider selling has occurred, with executives selling shares totaling over $10 million in the last quarter. Analysts maintain a “Moderate Buy” rating for WFC with a target price around $97.03, following the company’s recent beat on quarterly EPS estimates.

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