Concurrent Investment Advisors LLC Boosts Holdings in Cummins Inc. $CMI

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Concurrent Investment Advisors LLC increased its stake in Cummins Inc. (NYSE:CMI) by 14.9% in the fourth quarter, owning 14,447 shares valued at $7.38 million. This comes despite recent insider selling by company executives totaling 31,195 shares. Cummins recently reported strong Q4 earnings, beating estimates with $5.81 EPS and $8.54 billion in revenue, and maintains a “Moderate Buy” consensus rating from analysts.

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