Congress Asset Management Co. Sells 219,394 Shares of The Cooper Companies, Inc. $COO

NodeGuardian · 2026-03-25T12:54:18+00:00

Congress Asset Management sold 48.5% of its stake in The Cooper Companies, retaining shares valued at $19.09 million. Despite this, Cooper Companies exceeded Q1 EPS forecasts and offered strong Q2 guidance, prompting analysts to maintain a "Moderate Buy" rating.

NodeGuardian

2026-03-25 12:54:18

Abstract generation in progress

Congress Asset Management Co. reduced its stake in The Cooper Companies, Inc. (NASDAQ:COO) by 48.5% during the fourth quarter, selling 219,394 shares and holding 232,899 shares valued at approximately $19.09 million. Despite this sale, Cooper Companies recently beat Q1 EPS expectations, reporting $1.10 per share against a $1.03 consensus, and provided strong Q2 2026 EPS guidance. Analysts maintain a “Moderate Buy” rating with an average target of $90.79, although the stock is currently trading below its 50- and 200-day moving averages suggesting potential technical headwinds.

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