Chevy Chase Trust Holdings LLC Trims Stake in Freeport-McMoRan Inc. $FCX

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Chevy Chase Trust Holdings LLC reduced its stake in Freeport-McMoRan Inc. by 3.3% in Q3, selling over 24,000 shares but still maintaining a significant holding. This comes amidst substantial insider selling of company stock and several analysts raising their price targets and ratings on FCX. The company recently beat EPS estimates but declared a reduced quarterly dividend.

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