MarketBeat Earnings
First Interstate BancSystem, Inc. $FIBK Shares Sold by Wedge Capital Management L L P NC
Wedge Capital Management L.L.P. NC reduced its stake in First Interstate BancSystem (NASDAQ:FIBK) by 56.5% during the second quarter, selling over 41,000 shares. Despite this, the company reported strong quarterly earnings, surpassing analyst expectations with an EPS of $0.87 and a 6.4% year-over-year revenue increase. Institutional investors own a significant portion of the company, though analyst sentiment remains …