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Argentarii LLC Acquires 28,220 Shares of Bank of America Corporation $BAC
Argentarii LLC significantly increased its stake in Bank of America Corporation (NYSE:BAC) by 386.1% in Q4, acquiring an additional 28,220 shares to reach a total of 35,529 shares valued at approximately $1.95 million. Despite this institutional accumulation, the article highlights recent insider selling, with Thomas M. Scrivener and Bernard A. Mensah offloading a combined 144,000 shares worth over $6.9 million. Analysts maintain a “Moderate Buy” consensus for BAC with an average price target of $59.88, although some firms like Goldman Sachs have adjusted their targets downwards.