BNP PARIBAS ASSET MANAGEMENT Holding S.A. reduced its stake in Cummins Inc. (NYSE:CMI) by 35.2%, selling 57,628 shares and now owning 106,105 shares valued at $44.8 million. Other institutional investors made minor adjustments to their holdings, while insiders Brett Michael Merritt and William I. Miller also sold significant amounts of shares. Cummins reported stronger-than-expected quarterly earnings and revenue, and analysts maintain a “Moderate Buy” consensus rating for the company.
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BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sells 57,628 Shares of Cummins Inc. $CMI
BNP PARIBAS ASSET MANAGEMENT Holding S.A. reduced its stake in Cummins Inc. (NYSE:CMI) by 35.2%, selling 57,628 shares and now owning 106,105 shares valued at $44.8 million. Other institutional investors made minor adjustments to their holdings, while insiders Brett Michael Merritt and William I. Miller also sold significant amounts of shares. Cummins reported stronger-than-expected quarterly earnings and revenue, and analysts maintain a “Moderate Buy” consensus rating for the company.