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Duke Energy Corporation $DUK Shares Purchased by Moseley Investment Management Inc.
Moseley Investment Management Inc. significantly increased its stake in Duke Energy Corporation (NYSE:DUK) by 423.6% in the fourth quarter, acquiring 7,887 additional shares to hold 9,749 shares valued at approximately $1.143 million. This increase in institutional ownership comes amidst notable insider selling from SVP Regis T. Repko and CEO Louis E. Renjel, who reduced their holdings by 19.8% and 23.6% respectively. The stock currently holds a consensus “Hold” rating from analysts with an average price target of $137.80, though regulatory risks from ongoing North Carolina rate-hike hearings could impact near-term revenue.