MarketBeat Earnings
Renaissance Technologies LLC Sells 37,400 Shares of Sylvamo Corporation $SLVM
Renaissance Technologies LLC has significantly reduced its stake in Sylvamo Corporation (NYSE:SLVM) by selling 37,400 shares, decreasing its position by 58.7%. Despite beating EPS estimates, Sylvamo's revenue slightly missed expectations, and analyst sentiment remains cautious with an average "Reduce" rating. Other institutional investors have adjusted their holdings, while insider trading saw a director sell over 1,200 shares.