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Groupama Lifts XPO Stake as Analysts Maintain Optimistic Outlook
Groupama increases its XPO investment while an insider reduces holdings.
Groupama Asset Management expanded its XPO holdings in Q2 to 668,627 shares worth roughly $85.24 million, increasing its stake by 52.9%. Institutional ownership remains exceptionally high at nearly 98%, supported by additional buying from several asset managers during the quarter. Director Allison Landry reduced her position by selling 3,250 shares at $135.04, trimming her stake by over one-third.