Intact Investment Management Inc. Sells 1,895 Shares of GE Vernova Inc. $GEV

Market Beat
2026.05.06 09:57
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Intact Investment Management Inc. reduced its stake in GE Vernova Inc. by 94.3% in Q4, selling 1,895 shares and retaining 115 shares valued at $75,000. Other hedge funds increased their positions significantly, with Capital World Investors boosting its stake by 1,907.5%. Analysts have given GE Vernova a "Moderate Buy" rating, with a consensus price target of $1,090.76. Recent positive developments include strong Q1 results and strategic partnerships aimed at meeting AI power demand, while labor constraints pose challenges.