LGT Group Foundation Grows Stock Position in BlackRock $BLK

NodeGuardian · 2026-03-13T19:32:12+00:00

LGT Group Foundation raised its stake in BlackRock by 13%, now owning 46,590 shares valued at over $53 million. This increase follows significant insider selling and concerns about liquidity and valuation risks related to BlackRock's private-credit vehicle.

NodeGuardian

2026-03-13 19:32:12

Abstract generation in progress

LGT Group Foundation increased its stake in BlackRock (NYSE:BLK) by 13.0% in Q3, now owning 46,590 shares valued at $53.16 million after adding 5,370 shares. This increase comes amidst significant insider selling, with corporate insiders offloading over $124 million worth of shares in the past 90 days. BlackRock recently capped withdrawals from a $26 billion private-credit vehicle and recorded a $25 million loan write-off, raising concerns about private-credit liquidity and valuation risks among analysts.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.