The Toro Company (NYSE:TTC) Shares Sold by Janney Montgomery Scott LLC

The Toro Company is a leading manufacturer of outdoor power equipment and turf care products. The company's stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol "TTC." Janney Montgomery Scott LLC is an investment bank and financial services firm that operates in various markets, including equities, fixed income, and wealth management.

According to the company's most recent 13F filing with the Securities and Exchange Commission (SEC), Janney Montgomery Scott LLC sold 690 shares of The Toro Company NYSETTC during the third quarter. This represents an 8.1% reduction in the firm's position in the company's stock. After the sale, Janney Montgomery Scott LLC owned 7,842 shares of The Toro Company's stock.

It is important to note that the information provided in the 13F filing is based on the firm's holdings as of December 31, 2020, and may not reflect any subsequent changes in the firm's investment position. Additionally, the sale of shares by Janney Montgomery Scott LLC does not necessarily indicate any negative view of the company or its stock. It is possible that the firm simply adjusted its investment portfolio based on various factors, such as market conditions or changes in the company's financial performance.