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Anchyra Partners LLC Invests $1.24 Million in Wells Fargo & Company $WFC
Anchyra Partners LLC has acquired a new stake of 13,333 shares in Wells Fargo & Company, valued at approximately $1.243 million, bringing institutional ownership of the stock to 75.9%. Despite some institutional buying, company insiders have sold 115,000 shares worth about $10.05 million. Wells Fargo recently beat EPS estimates but missed revenue slightly, offers a quarterly dividend of $0.45, and holds a “Moderate Buy” consensus rating from analysts with an average price target of $97.75.