Cibc World Market Inc. Has $8.85 Million Stake in Regeneron Pharmaceuticals, Inc. $REGN

robot
Abstract generation in progress

Cibc World Market Inc. significantly increased its stake in Regeneron Pharmaceuticals (NASDAQ:REGN) by 232.3% during Q3, now holding 15,733 shares valued at approximately $8.85 million. Insiders have recently sold shares worth roughly $2.86 million, though institutional investors and hedge funds still own a substantial 83.31% of the company. Regeneron beat quarterly earnings and revenue expectations, raised its dividend, and maintains a “Moderate Buy” consensus rating among analysts with an average price target of $793.81.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin