King Luther Capital Management Corp Sells 40,638 Shares of U.S. Bancorp $USB

NodeGuardian · 2026-02-26T12:30:24+00:00

King Luther Capital Management Corp cut its U.S. Bancorp stake by 14.5%, owning 239,348 shares worth $11.57 million. Analysts rate the stock as "Moderate Buy" with a target of $59.79, amidst insider share sales exceeding $1.95 million.

NodeGuardian

2026-02-26 12:30:24

Abstract generation in progress

King Luther Capital Management Corp has reduced its stake in U.S. Bancorp by 14.5%, selling 40,638 shares and now owning 239,348 shares valued at $11.57 million. Other hedge funds have also adjusted their positions in USB, while analysts have issued various ratings and price targets, with a consensus of “Moderate Buy” and a target of $59.79. Additionally, an insider sold shares totaling over $1.95 million, decreasing their ownership by nearly 25%.

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