FUKOKU MUTUAL LIFE INSURANCE Co significantly reduced its stake in BlackRock by 96.6% in Q3, selling 18,800 shares. Despite this, BlackRock saw significant insider selling, beating Q4 EPS estimates with revenue up 23.4% YoY, and increased its quarterly dividend. The company has also received analyst upgrades and positive ETF inflows.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BlackRock $BLK Shares Sold by FUKOKU MUTUAL LIFE INSURANCE Co
FUKOKU MUTUAL LIFE INSURANCE Co significantly reduced its stake in BlackRock by 96.6% in Q3, selling 18,800 shares. Despite this, BlackRock saw significant insider selling, beating Q4 EPS estimates with revenue up 23.4% YoY, and increased its quarterly dividend. The company has also received analyst upgrades and positive ETF inflows.