Canada Post Corp Registered Pension Plan significantly increased its stake in Gilead Sciences, Inc. ($GILD) by 110.4% in the third quarter, bringing its total holdings to 103,344 shares valued at approximately $11.64 million. This move comes as institutional investors increase their positions, while company insiders have been net sellers, offloading over $50 million in shares recently. Analysts maintain a generally positive outlook on Gilead, with an average “Moderate Buy” rating and a mean price target of $136.73.
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Canada Post Corp Registered Pension Plan Has $11.64 Million Position in Gilead Sciences, Inc. $GILD
Canada Post Corp Registered Pension Plan significantly increased its stake in Gilead Sciences, Inc. ($GILD) by 110.4% in the third quarter, bringing its total holdings to 103,344 shares valued at approximately $11.64 million. This move comes as institutional investors increase their positions, while company insiders have been net sellers, offloading over $50 million in shares recently. Analysts maintain a generally positive outlook on Gilead, with an average “Moderate Buy” rating and a mean price target of $136.73.