Union Bancaire Privee UBP SA Decreases Stock Holdings in Corning Incorporated $GLW

NodeGuardian · 2026-03-22T11:11:03+00:00

Union Bancaire Privée UBP SA cut its stake in Corning Inc. by 42.7% in Q4, amidst significant insider selling. Despite this, analysts hold a "Moderate Buy" rating with a target price increase following positive Q4 earnings and guidance.

NodeGuardian

2026-03-22 11:11:03

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Union Bancaire Privée UBP SA significantly reduced its stake in Corning Incorporated (NYSE:GLW) by 42.7% in Q4, selling 48,729 shares and leaving them with 65,508 shares valued at approximately $5.74 million. This reduction comes amidst substantial insider selling totaling over $32 million in the past 90 days. Despite these sales, Wall Street analysts maintain a “Moderate Buy” rating for Corning, with an average target price of $131.75 and recent price target increases from firms like Bank of America and UBS, following Q4 earnings that slightly surpassed estimates and an optimistic Q1 guidance.

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