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Allspring Global Investments Holdings LLC Sells 87,070 Shares of Allient Inc. $ALNT
Allspring Global Investments Holdings LLC reduced its stake in Allient Inc. by 22.1% in the fourth quarter, selling 87,070 shares and now owning 306,325 shares valued at $16.47 million. Despite this, other major institutions like Vanguard and Marshall Wace have increased their holdings, with institutional investors collectively owning 61.57% of the stock. Analysts are mixed with a “Hold” consensus and a $63.60 target, while Allient recently surpassed quarterly earnings estimates and trades around $60.54.