JPMorgan Chase & Co. Sells 426,458 Shares of Barnes & Noble Education, Inc $BNED
JPMorgan Chase & Co. significantly reduced its stake in Barnes & Noble Education (BNED), selling 426,458 shares and trimming its position by 82.6% in the third quarter. Despite this, several other institutional investors, including Kanen Wealth Management and Vanguard Group, increased their holdings. Barnes & Noble Education reported a Q3 EPS of -$0.47 and revenue of $288.16 million, with analyst sentiment remaining negative with an average "Sell" rating.