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Concurrent Investment Advisors LLC Sells 93,708 Shares of Halliburton Company $HAL
Concurrent Investment Advisors LLC reduced its stake in Halliburton Company (NYSE:HAL) by 53.3% in the fourth quarter, selling 93,708 shares and retaining 82,108 shares valued at $2.32 million. Halliburton reported a modest Q1 beat with EPS of $0.55 and revenue of $5.40 billion, leading to a “Moderate Buy” consensus rating and a $41.09 price target from analysts. Institutional ownership remains high at 85.23%, while company insiders have sold shares totaling $7.32 million in the last three months, now holding 0.57% ownership.