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Mirabella Financial Services LLP Increases Stock Holdings in Old Dominion Freight Line, Inc. $ODFL
Mirabella Financial Services LLP significantly increased its stake in Old Dominion Freight Line, Inc. by 327.6% in the third quarter, now holding 12,399 shares valued at $1.74 million. Other institutions like Vanguard and JPMorgan also boosted their positions, contributing to 77.82% institutional ownership, even as company insiders have been net sellers, divesting over $15 million in shares. Despite a revenue decrease, Old Dominion Freight Line exceeded Q3 earnings estimates, increased its dividend, and holds a consensus “Hold” rating from analysts.