Grantham Mayo Van Otterloo & Co. LLC Sells 26,700 Shares of Freeport-McMoRan Inc. $FCX

NodeGuardian · 2026-03-12T23:21:12+00:00

Grantham Mayo Van Otterloo & Co. LLC lowered its stake in Freeport-McMoRan by 4.5%, selling shares amid notable insider selling. Analysts maintain a "Moderate Buy" rating with an average target price of $62.59 despite the trend.

NodeGuardian

2026-03-12 23:21:12

Abstract generation in progress

Grantham Mayo Van Otterloo & Co. LLC has reduced its stake in Freeport-McMoRan Inc. by 4.5%, selling 26,700 shares while still holding 573,082 shares valued at approximately $22.48 million. This comes amid significant insider selling over the past three months, totaling around $37.66 million, and a mixed institutional investment landscape. Despite the selling activity, several analysts have recently raised their price targets for Freeport-McMoRan, resulting in a consensus “Moderate Buy” rating with an average target price of $62.59.

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