Bank of America increases stake in Billiontoone, Inc

Bank of America Corp DE increased its stake in Billiontoone, Inc. (NASDAQ: BLLN) by 8,603.4% during the first quarter, according to recent 13F filings. The institutional investor now holds 12,707 shares valued at approximately $1,003,000. Other institutional movements include The Manufacturers Life Insurance Company increasing its position by 151.8%, and new stakes taken by Renaissance Technologies LLC, Public Employees Retirement System of Ohio, and Sei Investments Co.

In related insider activity, Billiontoone CTO David Tsao sold 20,000 shares at an average price of $102.27 on June 15th, representing a 95.24% decrease in his ownership.

Separately, S&P Global, Inc. (NYSE: SPGI) is showing signs of technical strength as its stock trades above the 20 and 50-day exponential moving averages. The $133 billion market cap company, which provides ratings and analytics, has reported recent revenue and EPS growth of 11% and 18%, respectively. Analysts have set an average target price of approximately $519.27 for the stock.