Bedell Frazier Investment Counselling LLC significantly increased its stake in Blackstone Inc. (NYSE:BX) by 1,130.2%, acquiring 17,292 additional shares to hold a total of 18,822 shares valued at $3.216 million. This move comes amidst mixed sentiment for Blackstone, with strong Q4 earnings, an increased dividend, and strategic moves into AI data centers and life sciences, contrasted by recent stock underperformance and analyst splits. Institutional ownership of Blackstone is high at 70%, with insiders owning about 1% of the stock.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bedell Frazier Investment Counselling LLC Purchases 17,292 Shares of Blackstone Inc. $BX
Bedell Frazier Investment Counselling LLC significantly increased its stake in Blackstone Inc. (NYSE:BX) by 1,130.2%, acquiring 17,292 additional shares to hold a total of 18,822 shares valued at $3.216 million. This move comes amidst mixed sentiment for Blackstone, with strong Q4 earnings, an increased dividend, and strategic moves into AI data centers and life sciences, contrasted by recent stock underperformance and analyst splits. Institutional ownership of Blackstone is high at 70%, with insiders owning about 1% of the stock.