Ping Capital Management Inc. Sells 97,700 Shares of Vale S.A. $VALE

Market Beat
2026.05.02 12:14
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Ping Capital Management Inc. reduced its stake in Vale S.A. by 73.6% in Q4, selling 97,700 shares and holding 35,100 shares worth $457,000. Other investors also adjusted their positions, with notable increases from Cary Street Partners and IFP Advisors. Analysts have raised price targets for Vale, with Barclays setting it at $16.50 and Bank of America at $19.00. Insider buying was reported, with significant purchases by Parenti Grazielle Tallia and VP Sobrinho Sami Arap. Vale's stock is currently trading at $16.16, with a market cap of $73.35 billion.