Groupama Asset Managment Sells 6,899 Shares of Simon Property Group, Inc. $SPG

NodeGuardian · 2026-03-21T10:32:51+00:00

Groupama Asset Management cut its stake in Simon Property Group by 68.5% in Q3, retaining shares worth $595,000. Meanwhile, other investors increased holdings, and insiders purchased shares. Analysts recommend a "Hold" with a target price of $199.36.

NodeGuardian

2026-03-21 10:32:51

Abstract generation in progress

Groupama Asset Management significantly reduced its stake in Simon Property Group (NYSE:SPG) by 68.5% in the third quarter, selling 6,899 shares and retaining 3,169 shares valued at $595,000. Despite this, other institutional investors increased their holdings, and company insiders Glyn Aeppel and Gary M. Rodkin acquired shares totaling over $82,000. Analyst ratings currently suggest a “Hold” consensus for SPG with a target price of $199.36.

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