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Allspring Global Investments Holdings LLC Sells 16,063 Shares of Ecolab Inc. $ECL
Allspring Global Investments Holdings LLC reduced its stake in Ecolab Inc. (NYSE:ECL) by 14.6% in the fourth quarter, selling 16,063 shares and retaining 94,277 shares valued at $24.76 million. Other hedge funds also adjusted their holdings in the basic materials company. Additionally, insider transactions included sales by Director Tracy B. Mckibben and CEO Christophe Beck, while analysts have given Ecolab a “Moderate Buy” rating with an average target price of $323.56.