Groupama Asset Managment Sells 21,669 Shares of Edison International $EIX

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Groupama Asset Managment significantly reduced its stake in Edison International (NYSE:EIX) by 46.6% in the 3rd quarter, selling 21,669 shares and reducing its holdings to 24,862 shares valued at $1,374,000. Despite this, other institutional investors have recently bought and sold shares, with institutional ownership remaining high at 88.95%. The company reported strong financial results in its last quarterly earnings, beating revenue and EPS estimates, and has an average analyst rating of “Hold” with an average target price of $69.44.

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