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JPMorgan Chase & Co. Boosts Stake in Darling Ingredients Inc. $DAR
JPMorgan Chase & Co. significantly increased its stake in Darling Ingredients Inc. by 75.6% in the third quarter, now holding over 600,000 shares valued at approximately $18.56 million. This comes as CEO Randall C. Stuewe recently sold a portion of his shares, reducing his ownership by 1.76%. The company, DAR, has a “Moderate Buy” consensus rating from analysts with an average target price of $57.90, and institutional investors own a substantial 94.44% of its stock.