Granite Investment Partners LLC Decreases Stock Position in Cushman & Wakefield PLC $CWK

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Granite Investment Partners LLC significantly reduced its stake in Cushman & Wakefield PLC by 31.0% in Q3, selling 337,690 shares and retaining 750,552 shares valued at approximately $11.95 million. This reduction leaves the firm with about 0.32% of Cushman & Wakefield. The real estate services company recently surpassed Q4 earnings and revenue expectations, reporting $0.54 EPS against an estimated $0.53 and $2.91 billion in revenue, up 10.8% year-over-year, and is focusing on capital markets growth and AI adoption.

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