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Darling Ingredients Inc. $DAR Stake Trimmed by Firetrail Investments PTY Ltd.
Firetrail Investments PTY Ltd. reduced its stake in Darling Ingredients Inc. (NYSE:DAR) by 27.1% in the fourth quarter of an unspecified year, selling over 85,000 shares but still holding over 229,000 shares valued at approximately $8.31 million. Other institutional investors showed mixed activity, with some increasing and others initiating stakes. The company posted strong quarterly earnings, beating EPS estimates, and revenue increased by 12.3% year-over-year, while analyst sentiment remains largely bullish with an average “Buy” rating and a consensus price target of $68.