State Street Corporation $STT Shares Sold by Impax Asset Management Group plc

Impax Asset Management Group plc recently reduced its stake in State Street Corporation (NYSE:STT) by 8.7% in the fourth quarter, selling 11,167 shares and holding 116,817 shares valued at $15.07 million. Despite this, other institutional investors have acquired new positions, and insider sales by State Street executives have also been noted. Research analysts have a “Moderate Buy” consensus rating for State Street with an average price target of $154.00, following positive news like a senior notes offering and an analyst upgrade, balanced by neutral sentiment regarding portfolio rebalancing and negative sentiment from insider sales.

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