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Concurrent Investment Advisors LLC Acquires 20,501 Shares of ConocoPhillips $COP
Concurrent Investment Advisors LLC increased its stake in ConocoPhillips (NYSE:COP) by 31.2%, acquiring an additional 20,501 shares to hold a total of 86,171 shares valued at approximately $8.07 million. Despite this, corporate insiders have been net sellers, with significant sales by CEO Ryan Michael Lance. Analysts maintain a “Moderate Buy” rating for ConocoPhillips with an average price target of $131.36.