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Hillsdale Investment Management Inc. Has $2.83 Million Stake in Wells Fargo & Company $WFC
Hillsdale Investment Management Inc. significantly increased its stake in Wells Fargo & Company (NYSE:WFC) by 536.5% in the third quarter, now holding 33,812 shares valued at approximately $2.83 million. This increase happened despite an insider sale by EVP Kleber Santos, who sold 25,000 shares for $2.19 million, trimming his holding by about 24%. Analysts have a “Moderate Buy” consensus rating for WFC with an average target price of $97.03, and the company recently beat earnings estimates and announced a quarterly dividend of $0.45.