Jain Global LLC Decreases Stock Holdings in Boston Scientific Corporation $BSX

NodeGuardian · 2026-03-17T12:16:51+00:00

Jain Global LLC cut its stake in Boston Scientific by 70.5%, selling 153,230 shares worth $6.27 million. This follows insider trading by CEO Michael F. Mahoney and ongoing securities lawsuits against the company.

NodeGuardian

2026-03-17 12:16:51

Abstract generation in progress

Jain Global LLC significantly reduced its stake in Boston Scientific Corporation (NYSE:BSX) by 70.5% during the third quarter, selling 153,230 shares and ending with holdings valued at $6.27 million. This comes amidst other institutional investors either increasing or decreasing their positions, and recent insider trading where CEO Michael F. Mahoney sold over 160,000 shares. The company is also facing multiple securities class action lawsuits alleging misleading statements regarding its U.S. Electrophysiology segment.

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