Gabelli Funds LLC Decreases Position in Wells Fargo & Company $WFC

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Gabelli Funds LLC significantly reduced its stake in Wells Fargo & Company by 15.4% during the third quarter, selling 115,605 shares. Despite this, other institutional investors have recently bought shares, with 75.90% of the stock owned by institutions and hedge funds. The article also provides details on insider selling, company financials, dividend announcements, and recent analyst ratings for Wells Fargo.

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