Manufacturers Life Insurance Company increases stake in eMagin stock
1 report, 1 independent
Updated Mon 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
Manufacturers Life Insurance Company grew its holdings in eMagin by 6.1% during the second quarter, acquiring an additional 71,020 shares. The company now owns 1,232,687 shares of the stock, valued at $65,258,000.
From themarketsdaily.com
Why it matters
The institutional buying occurs as eMagin has received varied analyst coverage, including a rating downgrade from "strong sell" to "sell" by Wall Street Zen. Barclays also reduced its price objective on eMagin shares.
From themarketsdaily.com
Who's involved
- Manufacturers Life Insurance CompanyIncreased its stock holdings in eMagin during the second quarter.
- eMaginElectronic components manufacturer whose stock holdings were increased by Manufacturers Life Insurance Company.
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The entities involved
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Manufacturers Life Insurance Company
business
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eMagin
electronic components manufacturer
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