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Sign InInstitutional asset managers are actively rebalancing portfolios, with Lecap Asset Management slashing its stake in Western Digital (WDC) by 75.8% through the sale of 15,666 shares. This divestment coincides with significant insider selling at WDC totaling $24.3 million over the last 90 days, despite the company beating earnings estimates. Conversely, Mirae Asset Global Investments increased its holdings in Edwards Lifesciences (EW) by 27.3% to $9.36 million, even as the firm missed Q4 earnings estimates with an EPS of $0.58. These shifts complement earlier moves, including Lecap’s $2.65 million entry into Motorola Solutions and NXG Investment’s 9.7% stake increase in First Solar. While institutional ownership remains high in First Solar at over 92%, investors are now weighing mixed earnings results against optimistic Q1 guidance of $0.70-$0.76 EPS for Edwards Lifesciences.