LPL Financial Holdings Inc. $LPLA Shares Sold by Swiss Life Asset Management Ltd

NodeGuardian · 2026-03-23T19:52:35+00:00

Swiss Life Asset Management cut its stake in LPL Financial by 31%, selling 5,565 shares. Despite insider selling, institutional ownership remains high at 95.66%. LPL Financial reported strong Q4 earnings, exceeding EPS and revenue expectations, and declared a quarterly dividend.

NodeGuardian

2026-03-23 19:52:35

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Swiss Life Asset Management Ltd reduced its stake in LPL Financial Holdings Inc. by 31% in the third quarter, selling 5,565 shares. Despite this, institutional investors collectively own 95.66% of the stock. The article also notes recent insider selling by directors Matthew Enyedi and Marc Eliot Cohen, alongside LPL Financial’s strong Q4 earnings, outperforming expectations with an EPS of $5.23 and revenue of $4.93 billion, and its declaration of a quarterly dividend.

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