Augusto Aragone Sells Shares of INGM
Executive VP Augusto Aragone sold 10,000 INGM shares for $300,000 on June 15, 2026.
Key Points
- Augusto Aragone, Executive VP of INGM, sold 10,000 shares at $30 each on June 15, 2026, in a planned transaction.
- Shares of INGM traded at $30.09, with notable institutional activity from funds like Victory Capital and Capital World Investors.
- Analysts like JP Morgan and Goldman Sachs have set recent price targets, with JP Morgan upgrading INGM to a hold rating.
Augusto Aragone, the Executive Vice President, Secretary, and General Counsel at INGM, sold 10,000 shares of the company on June 15, 2026. The shares were sold at an average price of $30 each, totaling $300,000. This transaction was part of a pre-planned strategy.
Insider Buying and Selling at INGM
Aragone's recent sale isn't his only transaction this month. On June 12, 2026, he sold another 50,000 shares at $29.30 each. Meanwhile, other insiders, including Alain Monie, Jakki Haussler, Leslie Stone Heisz, and Craig Ashmore, purchased 7,031 shares each on May 14, 2026.
Other Institutional Activity in INGM
Institutional investors have also been active with INGM shares. Platinum Equity Advisors reduced its holdings by 13.8 million shares, leaving it with 197.1 million shares valued at about $4.59 billion. Victory Capital Management, however, increased its position by 356,390 shares, bringing its total to 3.48 million shares worth approximately $81.2 million. Capital World Investors added 669,999 shares, ending with 3.31 million shares valued around $77.2 million. Lind Value II APS and River Road Asset Management also increased their holdings significantly.
Analysts Set New Price Targets
Analysts have been revising their perspectives on INGM. On May 27, 2026, JP Morgan upgraded its rating to hold with a price target of $27. Truist Securities maintained its hold rating with a $29 target on May 5, 2026. Previously, Goldman Sachs maintained a hold rating with a $30 target on April 23, 2026. The consensus among analysts is a hold rating, with an average target price of $27 across multiple opinions.
Bottom Line
Augusto Aragone's planned sale of INGM shares is one of several notable insider and institutional transactions recently. Investors and analysts alike are closely monitoring INGM, with recent activity reflecting a range of strategic adjustments. As always, it's important to remember that these transactions and ratings are based on past data and may not indicate current or future positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.