5,538 Shares in AbbVie Inc. $ABBV Acquired by Legacy Edge Advisors LLC

Legacy Edge Advisors LLC has acquired 5,538 shares of AbbVie Inc. (NYSE:ABBV) in the fourth quarter, valuing the new position at approximately $1.27 million. This comes as AbbVie beat Q1 estimates and raised its 2026 outlook, driven by strong performance from its immunology drugs Skyrizi and Rinvoq, which are helping to offset declines in Humira sales. Despite some insider selling and investor caution regarding Humira erosion and pipeline execution, analysts maintain a “Moderate Buy” consensus rating with an average price target of $252.90, and the company announced a quarterly dividend of $1.73 per share.

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
Add a comment
Add a comment
No comments
  • Pin