Cibc World Markets Corp Purchases New Position in Moelis & Company (NYSE:MC)

Market Beat
2025.03.23 07:54
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Cibc World Markets Corp acquired a new stake in Moelis & Company (NYSE:MC) during the 4th quarter, purchasing 6,613 shares valued at approximately $489,000. Other institutional investors also adjusted their stakes, with Geode Capital Management increasing its holdings by 0.7%. CEO Kenneth Moelis and Director Kenneth Shropshire sold shares recently, reducing their ownership. Analysts have mixed ratings on the stock, with a consensus hold rating and a target price of $71.83. Moelis & Company shares opened at $60.93, with a one-year range of $46.24 to $82.89.