Yacktman Asset Management LP Sells 97,098 Shares of Darling Ingredients Inc. $DAR
Yacktman Asset Management LP has reduced its holdings in Darling Ingredients Inc. (NYSE:DAR) by 6.5%, selling 97,098 shares and retaining 1.39 million shares valued at approximately $50 million. Despite this sale, Wall Street analysts maintain a "Buy" consensus rating for DAR with an average price target of $68.00, following strong quarterly results where the company exceeded EPS estimates and saw a 12.3% year-over-year revenue increase. The article also notes recent insider sales by Darling Ingredients executives.