Gap’s Relative Strength (RS) Rating has now surpassed the 80 mark, hitting 82 and indicating a notable performance uptick in the retail sector. This milestone highlights Gap’s market leadership, as measured by Investor’s & Business Daily.
AssuredPartners Investment Advisors LLC raised its stake in Target Corporation stock by 19.2% during the second quarter, according to an SEC filing. The institutional investor now holds 2,553 shares of the retailer’s stock after purchasing an additional 412 shares.
Counterpoint Mutual Funds LLC has purchased a new stake in Urban Outfitters, Inc., acquiring 5,888 shares valued at approximately $427,000. This filing sheds light on ongoing institutional interest in the apparel retailer.
SeaCrest Wealth Management LLC has decreased its stake in Costco Wholesale Corporation by selling 714 shares in the second quarter, marking a 6.8% reduction. According to filings, the institutional investor now holds 9,740 shares, which amount to 1.0% of its overall portfolio.
