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Southern Company (The) $SO Shares Sold by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. significantly reduced its stake in Southern Company (NYSE:SO) by 75.6% during the fourth quarter, selling 240,384 shares. This move leaves the fund with 77,479 shares valued at approximately $6.76 million. Additionally, Southern Company’s EVP Christopher Cummiskey sold 6,669 shares, decreasing his holdings by 17.8%, while institutional investors generally maintain a “Hold” rating with an average price target of $98.08 for the stock.