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Confluence Wealth Services Inc. Sells 5,619 Shares of The PNC Financial Services Group, Inc $PNC
Confluence Wealth Services Inc. has reduced its stake in The PNC Financial Services Group, Inc. by 19.1%, selling 5,619 shares and leaving them with 23,850 shares valued at approximately $4.98 million. Insider selling has also been observed, with executives disposing of a significant number of shares in the past 90 days. Despite these sales, PNC reported strong quarterly earnings, beating EPS estimates, and analysts maintain a “Moderate Buy” rating with an average price target of $241.69.