Rhumbline Advisers Has $175.43 Million Stake in Vertex Pharmaceuticals Incorporated $VRTX

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Rhumbline Advisers reduced its stake in Vertex Pharmaceuticals (NASDAQ:VRTX) by 1.4% in the third quarter, holding 447,928 shares valued at $175.43 million. Other institutional investors also adjusted their positions, with notable increases from Chesapeake Asset Management LLC and Financial Network Wealth Advisors LLC. Analyst ratings for VRTX are largely positive, with an average “Moderate Buy” rating and a price target of $522.68.

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