Quantbot Technologies LP has acquired a new stake in Textron Inc. (NYSE:TXT), purchasing 75,784 shares valued at approximately $6.4 million. This comes amidst significant insider selling, with executives disposing of shares totaling nearly $30 million in the past three months. Despite mixed Wall Street sentiment, Textron holds a “Moderate Buy” consensus with an average target price of $98.60, and recently announced a quarterly dividend.
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.
Quantbot Technologies LP Purchases Shares of 75,784 Textron Inc. $TXT
Quantbot Technologies LP has acquired a new stake in Textron Inc. (NYSE:TXT), purchasing 75,784 shares valued at approximately $6.4 million. This comes amidst significant insider selling, with executives disposing of shares totaling nearly $30 million in the past three months. Despite mixed Wall Street sentiment, Textron holds a “Moderate Buy” consensus with an average target price of $98.60, and recently announced a quarterly dividend.