Assetmark Inc. Has $3.42 Million Stock Position in Ingersoll Rand Inc. $IR

Assetmark Inc. significantly reduced its stake in Ingersoll Rand Inc. by 75.7% in Q4, selling over 134,000 shares and retaining a position valued at $3.42 million. This move coincides with heavy selling by company insiders, who disposed of over $40 million in stock in the last 90 days, and a general trimming of analyst expectations, leading to an average “Hold” rating for Ingersoll Rand. Despite the decrease in institutional holdings and insider selling, other hedge funds increased their positions in the company, highlighting mixed investor sentiment.

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