Varma Mutual Pension Insurance Co increased its stake in AbbVie Inc. by 8.8% during the third quarter, now holding 263,467 shares valued at $61 million. This increase reflects broader institutional interest in AbbVie, with several other investment groups also adjusting their positions. The article also highlights recent positive and negative sentiments surrounding AbbVie, including strong Q4 sales, analyst price targets, upcoming clinical data, and regulatory challenges.
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Varma Mutual Pension Insurance Co Has $61 Million Stake in AbbVie Inc. $ABBV
Varma Mutual Pension Insurance Co increased its stake in AbbVie Inc. by 8.8% during the third quarter, now holding 263,467 shares valued at $61 million. This increase reflects broader institutional interest in AbbVie, with several other investment groups also adjusting their positions. The article also highlights recent positive and negative sentiments surrounding AbbVie, including strong Q4 sales, analyst price targets, upcoming clinical data, and regulatory challenges.