Aurdan Capital Management LLC significantly reduced its stake in Medtronic PLC (NYSE:MDT) by 49.8% in Q3, selling 11,655 shares and leaving them with 11,735 shares valued at $1.118 million. Despite this, other institutional investors increased their holdings, and 82.06% of the stock is still owned by hedge funds and institutional investors. Medtronic recently reported strong Q3 earnings, beating consensus estimates, and declared a quarterly dividend of $0.71 per share.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Aurdan Capital Management LLC Sells 11,655 Shares of Medtronic PLC $MDT
Aurdan Capital Management LLC significantly reduced its stake in Medtronic PLC (NYSE:MDT) by 49.8% in Q3, selling 11,655 shares and leaving them with 11,735 shares valued at $1.118 million. Despite this, other institutional investors increased their holdings, and 82.06% of the stock is still owned by hedge funds and institutional investors. Medtronic recently reported strong Q3 earnings, beating consensus estimates, and declared a quarterly dividend of $0.71 per share.