- Bank of America Corp DE raised its stake in Howard Hughes Holdings Inc. by 14.8 % during the first quarter to own 304,520 shares valued at $19,264,000.
- Several other institutional investors and hedge funds also modified their holdings, bringing total institutional ownership to 93.83 %.
- The real estate development company recently reported strong quarterly earnings of $2.68 EPS and $1.12 billion in revenue, reflecting a 330.2 % increase compared to the previous year.
- Fifth Third Bancorp reduced its holdings in Palantir Technologies Inc. by 2.9% during the second quarter, owning 463,233 shares valued at $54,045,000.
- Palantir reported Q2 revenue of $1.94 billion, marking a 92.8% year-over-year increase and beating analyst expectations with $0.41 EPS.
- Multiple institutional investors and insiders adjusted their positions, while several research firms raised their price targets following the earnings report.