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Savvy Advisors Inc. Boosts Stock Holdings in Bank of America Corporation $BAC
Savvy Advisors Inc. significantly increased its stake in Bank of America Corporation (NYSE:BAC) by 52.1% in the fourth quarter, reaching 56,355 shares valued at $3.10 million. Despite this, insiders at Bank of America sold over $11 million worth of shares recently, bringing insider ownership to 0.30%. The company maintains a “Moderate Buy” consensus rating with an average target price of $59.54, supported by strong capital-return programs and recent dividend declarations.