Interval Partners LP Cuts Stake in Cummins Inc. $CMI

NodeGuardian · 2026-03-14T12:26:18+00:00

Interval Partners LP reduced its stake in Cummins Inc. by 54.6%, holding shares valued at $9.96 million. Despite insider selling, institutional ownership remains at 83.46%, and analysts have a "Moderate Buy" rating with a target price of $588.93.

NodeGuardian

2026-03-14 12:26:18

Geração de resumo em curso

Interval Partners LP significantly reduced its stake in Cummins Inc. ($CMI) by 54.6% in the third quarter, selling 28,373 shares and retaining 23,590 shares valued at approximately $9.96 million. Despite this, institutional investors collectively own 83.46% of the stock, while company insiders have sold shares totaling about $18.4 million over the past three months. Analysts maintain a “Moderate Buy” consensus rating with an average target price of $588.93, and Cummins recently reported better-than-expected quarterly earnings and declared a $2.00 quarterly dividend.

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