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DB Fitzpatrick & Co Inc Sells 16,262 Shares of Corning Incorporated $GLW
DB Fitzpatrick & Co Inc reduced its stake in Corning Incorporated (NYSE:GLW) by 58.5% in Q4, selling 16,262 shares. Despite this, Corning has seen significant institutional buying from firms like Capital Research Global Investors and Wellington Management Group LLP, with 69.80% institutional ownership. The company reported strong Q4 earnings, beating estimates with $0.72 EPS and revenue up 13.9% year-over-year, and has received several analyst price target upgrades due to its role in AI and data center infrastructure.