Vanguard Group Inc. reduced its stake in Regeneron Pharmaceuticals by 4.0% in Q3, selling 375,779 shares but still holding 9,048,269 shares valued at approximately $5.09 billion. Corporate insiders have also sold shares, totaling $2.86 million, leaving them with a 7.02% ownership. Despite Vanguard’s trim, analysts maintain a “Moderate Buy” rating with an average target price of $793.81, and Regeneron recently increased its quarterly dividend.
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Vanguard Group Inc. Trims Stock Position in Regeneron Pharmaceuticals, Inc. $REGN
Vanguard Group Inc. reduced its stake in Regeneron Pharmaceuticals by 4.0% in Q3, selling 375,779 shares but still holding 9,048,269 shares valued at approximately $5.09 billion. Corporate insiders have also sold shares, totaling $2.86 million, leaving them with a 7.02% ownership. Despite Vanguard’s trim, analysts maintain a “Moderate Buy” rating with an average target price of $793.81, and Regeneron recently increased its quarterly dividend.