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Moody National Bank Trust Division Sells 7,715 Shares of Procter & Gamble Company (The) $PG
Moody National Bank Trust Division reduced its stake in Procter & Gamble by 26% in the fourth quarter, selling 7,715 shares and now holding 21,963 shares valued at approximately $3.15 million. This divestment comes amidst significant insider selling of P&G shares totaling over $55 million in the past 90 days, though analysts maintain a “Moderate Buy” rating with a consensus target price of $168.33. Other institutional investors, however, have recently increased their positions in the company, contrasting with the divestment by Moody National Bank Trust Division.