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borgwarner executives sell shares as hedge funds increase positions
BorgWarner's executive vice president sold shares at an average price of $34.47, totaling $698,569, reducing their stake by 38.51%. The company has seen significant insider selling, with 222,010 shares sold over the last three months, while hedge funds hold 95.67% of the stock. Analysts have lowered price targets, with Barclays setting a new target of $43.00, suggesting a potential upside from the previous close.
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