Alberta Investment Management Corp reduced its stake in Lamb Weston by 8.5% in the third quarter, selling 33,300 shares and now owning 358,400 shares valued at $20.8 million. Despite this, an insider recently bought 50,000 shares, increasing their stake significantly. Lamb Weston reported better-than-expected earnings and increased its quarterly dividend to $0.38 per share.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Alberta Investment Management Corp Sells 33,300 Shares of Lamb Weston $LW
Alberta Investment Management Corp reduced its stake in Lamb Weston by 8.5% in the third quarter, selling 33,300 shares and now owning 358,400 shares valued at $20.8 million. Despite this, an insider recently bought 50,000 shares, increasing their stake significantly. Lamb Weston reported better-than-expected earnings and increased its quarterly dividend to $0.38 per share.