Korea Investment CORP decreased its stake in Weyerhaeuser Company (NYSE:WY) by 11.2% in the third quarter, selling 45,309 shares and retaining 357,832 shares valued at $8.87 million. Insider activity saw CEO Devin W. Stockfish sell 90,162 shares, while director Sara Grootwassink Lewis purchased 4,500 shares. Analysts currently have a “Hold” rating on Weyerhaeuser with a consensus target price of $28.88.
Korea Investment CORP Reduces Stake in Weyerhaeuser Company $WY
Korea Investment CORP decreased its stake in Weyerhaeuser Company (NYSE:WY) by 11.2% in the third quarter, selling 45,309 shares and retaining 357,832 shares valued at $8.87 million. Insider activity saw CEO Devin W. Stockfish sell 90,162 shares, while director Sara Grootwassink Lewis purchased 4,500 shares. Analysts currently have a “Hold” rating on Weyerhaeuser with a consensus target price of $28.88.