Varma Mutual Pension Insurance Co Cuts Stake in Johnson Controls International plc $JCI

Varma Mutual Pension Insurance Co. reduced its stake in Johnson Controls International plc (JCI) by 22.8% in Q3, selling 28,600 shares to hold 96,906 shares valued at $10.655 million. Despite this, several other institutional investors significantly increased their positions, and hedge funds and institutions own about 90.05% of the stock. Johnson Controls reported better-than-expected quarterly earnings and revenue, and provided optimistic future guidance, while insiders had mixed activity with a VP selling shares and a director buying.

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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin