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ConocoPhillips $COP Shares Sold by Securian Asset Management Inc.

2026-05-11 11:25:20

Securian Asset Management Inc. significantly reduced its stake in ConocoPhillips (NYSE:COP) during the fourth quarter, selling 26,715 shares and now owning 33,601 shares valued at $3.145 million. This divestment occurred alongside other institutional investor activities, with many acquiring new stakes or increasing holdings in COP. The article also highlights recent positive news for ConocoPhillips regarding Norway’s approval to restart oil and gas fields, alongside some negative sentiment from an analyst downgrade and recent insider share sales.

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