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Capital Investment Counsel LLC Sells 22,286 Shares of Union Pacific Corporation $UNP
Capital Investment Counsel LLC significantly reduced its stake in Union Pacific Corporation ($UNP) by selling 22,286 shares in Q4, cutting its holdings by 94.3% to 1,350 shares. This comes amidst Union Pacific reporting a Q1 earnings beat and reaffirming its outlook, despite regulatory hurdles and opposition to a potential merger with Norfolk Southern. While analysts generally have a “Moderate Buy” rating, the company faces scrutiny over insider stock sales from its CFO.