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Comerica Insider Sales and Institutional Investments Highlight Market Activity
EVP James Harry Weber sold 6,500 shares of Comerica stock on October 24 for $410,995, reducing his ownership by 29.18%. Insiders sold a total of 15,456 shares last quarter, while institutional investors hold 80.74% of the stock. UBS Group initiated coverage with a "sell" rating, as analysts maintain a consensus "Hold" rating with a target price of $67.27.
comerica executives sell shares as institutional investors increase stakes
EVP James Harry Weber sold 6,500 shares of Comerica stock on October 24 for $410,995, reducing his ownership by 29.18%. Insiders sold a total of 15,456 shares last quarter, while institutional investors hold 80.74% of the stock. UBS Group initiated coverage with a "sell" rating, and Comerica's stock has a consensus "Hold" rating with a target price of $67.27.
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