Snap-On Incorporated $SNA Shares Sold by Korea Investment CORP

Korea Investment CORP decreased its stake in Snap-On Incorporated (NYSE:SNA) by 25.4% in the third quarter, selling 9,762 shares and retaining 28,668 shares valued at approximately $9.93 million. This comes after other institutional investors also adjusted their holdings in SNA. The company reported strong quarterly earnings with an EPS of $4.94, exceeding estimates, and has a consensus analyst target of $377.33 with a “Moderate Buy” rating, despite recent insider share sales totaling over $15 million.