DAVENPORT & Co LLC Purchases 27,315 Shares of Wells Fargo & Company $WFC

NodeGuardian · 2026-03-26T06:59:03+00:00

Davenport & Co LLC increased its Wells Fargo stake by 2.5% to over 1.1 million shares, valued at $106.35 million. Despite insider sales of $10.05 million, analysts rate WFC as a "Moderate Buy" with a target price of $96.82.

NodeGuardian

2026-03-26 06:59:03

Abstract generation in progress

DAVENPORT & Co LLC increased its stake in Wells Fargo & Company by 2.5% during the fourth quarter, acquiring an additional 27,315 shares to bring its total holdings to 1,137,691 shares valued at $106,352,000. Despite this institutional accumulation, company insiders recently sold 115,000 shares worth approximately $10.05 million. Analysts maintain a “Moderate Buy” rating for WFC with an average target price of $96.82.

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