First American Trust FSB Cuts Stock Holdings in Wells Fargo & Company $WFC

2026-03-10 20:49:30

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First American Trust FSB significantly reduced its stake in Wells Fargo & Company by 83.8% in Q3, selling 141,660 shares. Despite this reduction from one institution, other major investors like Vanguard Group Inc. and Norges Bank increased or initiated large positions in WFC, indicating continued institutional interest. Analysts maintain a “Moderate Buy” consensus for Wells Fargo & Company, with an average price target of $97.03, and the company recently announced a quarterly dividend.

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