Wilsey Asset Management Sells $4.4 Million in Wells Fargo Stock Ahead of Earnings

On Wednesday, Wilsey Asset Management disclosed in an SEC filing that it sold 54,561 shares of Wells Fargo (NYSE:WFC), an estimated $4.4 million trade.According to a filing with the Securities and Exchange Commission released on Wednesday, Wilsey Asset Management sold 54,561 shares of Wells Fargo (NYSE:WFC) during the quarter. The estimated transaction value was approximately $4.4 million. Following the transaction, the fund reported holding 552,771 shares, with a quarter-end market value of $46.3 million.This sale reduced the Wells Fargo stake from 9.3% to 8.5% of Wilsey Asset Management’s 13F reportable assets as of September 30.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool