Weitz Investment Management Inc. Lowers Stock Position in Global Payments Inc. $GPN
Weitz Investment Management Inc. reduced its stake in Global Payments Inc. by 8.2% in the fourth quarter, selling 45,000 shares and ending with 505,000 shares valued at approximately $39.1 million. Despite this reduction, Global Payments reported strong Q4 earnings, surpassing analyst expectations with an EPS of $2.96 and revenue of $2.86 billion, and raised its FY 2026 guidance. However, Wall Street maintains a cautious "Hold" rating on the stock with a consensus price target of $84.73.
https://www.marketbeat.com/instant-alerts/filing-weitz-investment-management-inc-lowers-stock-position-in-global-payments-inc-gpn-2026-06-12/