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Amundi Reduces Stock Position in Carvana

1 report, 1 independent Updated 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Amundi filed with the Securities and Exchange Commission to report a reduction in its stock holdings of Carvana Co. during the third quarter. The company sold 7,791 shares, reducing its position by 2.2%. As of the filing, Amundi owned 347,914 shares, valued at $21,759,000.

From themarketsdaily.com

Why it matters

Some supportBrind's analysis of the reports

The filing reflects a shift in institutional investment strategy regarding Carvana. This transaction occurs amidst other significant changes in ownership, including State Street Corp and UBS AM boosting their holdings in the company during the second quarter.

From themarketsdaily.com

Who's involved

  • AmundiReduced its stock position in Carvana
  • CarvanaOnline used car dealer subject of the stock transaction

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The entities involved

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Coverage

Newest first; wire copies grouped