Citigroup Inc. reduced its stake in Trimble Inc. by 14.6% in the third quarter, selling over 43,000 shares to hold a total of 252,597 shares valued at $20.625 million. Despite this, other major institutional investors increased their holdings. Trimble reported strong Q4 earnings, surpassing analyst expectations, and announced a $1 billion share buyback program.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Trimble Inc. $TRMB Shares Sold by Citigroup Inc.
Citigroup Inc. reduced its stake in Trimble Inc. by 14.6% in the third quarter, selling over 43,000 shares to hold a total of 252,597 shares valued at $20.625 million. Despite this, other major institutional investors increased their holdings. Trimble reported strong Q4 earnings, surpassing analyst expectations, and announced a $1 billion share buyback program.