Lowe's Companies, Inc. $LOW Shares Sold by Swiss National Bank

Swiss National Bank reduced its stake in Lowe’s Companies by 4.7% in the third quarter, selling 78,900 shares and now owning 1,615,500 shares valued at $405,991,000. Despite this, other institutional investors like Norges Bank, Victory Capital Management Inc., and Laurel Wealth Advisors LLC significantly increased their holdings. The article also notes Lowe’s recent financial performance, analyst ratings culminating in a “Moderate Buy,” and an insider stock sale by CEO Marvin R. Ellison.