Pentair plc $PNR Shares Sold by Lighthouse Investment Partners LLC

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Lighthouse Investment Partners LLC reduced its stake in Pentair plc by 42.4%, selling over 28,000 shares, although other institutional investors increased their positions. Pentair recently reported a slight beat on quarterly earnings, with revenue up 4.9%, and announced a quarterly dividend. Insider transactions also saw two executives selling portions of their stock, reducing overall insider ownership to about 1.45%.

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