Barings LLC Sells 21,895 Shares of Exxon Mobil Corporation $XOM

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Barings LLC recently reduced its stake in Exxon Mobil Corporation by 17.7%, selling 21,895 shares and retaining 102,087 shares valued at $11.51 million. The article also notes recent insider selling activity, with VP Darrin L. Talley selling 5,000 shares and total insider sales reaching 14,230 shares over the past three months. Despite this, Exxon Mobil reported strong quarterly earnings, beating EPS estimates, and announced a quarterly dividend of $1.03, maintaining a “Hold” consensus rating from analysts.

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