55 North Private Wealth LLC Invests $2.19 Million in Bank of America Corporation $BAC

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55 North Private Wealth LLC has initiated a new position in Bank of America, acquiring 39,724 shares valued at approximately $2.19 million, making it their 28th largest holding. This investment follows Bank of America’s strong Q1 earnings, which exceeded expectations and led to several analyst price target upgrades. Despite positive institutional interest, corporate insiders have been net sellers, divesting a significant number of shares in the past 90 days.

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