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McDonald's Corporation $MCD Position Trimmed by Exchange Traded Concepts LLC
Exchange Traded Concepts LLC reduced its stake in McDonald’s by 10.3% in Q4, now owning 65,028 shares valued at approximately $19.9 million. Despite this, institutional investors collectively hold 70.29% of the company’s stock, and analysts maintain a “Hold” rating with an average price target of $339.69, following a strong Q4 earnings beat. Insider selling has also been noted, with 71,657 shares sold recently, but positive sentiment regarding pop-culture promotions and the company’s defensive stock appeal continues to generate buy-side interest.