Traders sold shares of Wells Fargo & Co. (NYSE:WFC) on strength during trading on Tuesday. $92.07 million flowed into the stock on the tick-up and $125.92 million flowed out of the stock on the tick-down, for a money net flow of $33.85 million out of the stock. Of all companies tracked, Wells Fargo & Co. had the 0th highest net out-flow for the day. Wells Fargo & Co. traded up $0.27 for the day and closed at $48.35

Several research analysts have recently issued reports on the company. BMO Capital Markets reissued a “sell” rating on shares of Wells Fargo & Co. in a research report on Sunday, April 17th. Barclays PLC reissued a “buy” rating and issued a $63.00 target price on shares of Wells Fargo & Co. in a research report on Sunday, April 17th. Citigroup Inc. reissued a “buy” rating on shares of Wells Fargo & Co. in a research report on Sunday, April 17th. Oppenheimer Holdings Inc. reissued a “hold” rating on shares of Wells Fargo & Co. in a research report on Sunday, April 17th. Finally, Robert W. Baird reissued a “hold” rating on shares of Wells Fargo & Co. in a research report on Sunday, April 17th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nineteen have given a buy rating to the company. Wells Fargo & Co. presently has an average rating of “Hold” and a consensus target price of $54.50.

The stock has a market cap of $245.48 billion and a PE ratio of 11.88. The stock has a 50 day moving average of $48.19 and a 200 day moving average of $48.95.

In related news, EVP Avid Modjtabai sold 55,000 shares of the company’s stock in a transaction on Wednesday, April 27th. The stock was sold at an average price of $50.77, for a total value of $2,792,350.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP David M. Carroll sold 62,300 shares of the company’s stock in a transaction on Friday, April 22nd. The shares were sold at an average price of $50.28, for a total value of $3,132,444.00. The disclosure for this sale can be found here.

Other large investors have bought and sold shares of the company. Numeric Investors LLC raised its stake in Wells Fargo & Co. by 105.3% in the fourth quarter. Numeric Investors LLC now owns 499,700 shares of the financial services provider’s stock valued at $27,164,000 after buying an additional 256,300 shares during the last quarter. California State Teachers Retirement System raised its stake in Wells Fargo & Co. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 8,908,244 shares of the financial services provider’s stock valued at $484,252,000 after buying an additional 140,938 shares during the last quarter. IPG Investment Advisors LLC raised its stake in Wells Fargo & Co. by 1.6% in the fourth quarter. IPG Investment Advisors LLC now owns 56,887 shares of the financial services provider’s stock valued at $3,094,000 after buying an additional 900 shares during the last quarter. Bank Pictet & Cie Asia Ltd. raised its stake in Wells Fargo & Co. by 9.0% in the fourth quarter. Bank Pictet & Cie Asia Ltd. now owns 81,742 shares of the financial services provider’s stock valued at $4,443,000 after buying an additional 6,750 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake in Wells Fargo & Co. by 0.3% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 805,185 shares of the financial services provider’s stock valued at $43,770,000 after buying an additional 2,800 shares during the last quarter.

Wells Fargo & Company is a bank holding company. The Company is a financial services company, which offers banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage, and consumer and commercial finance. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management.

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