Stonebridge Capital Advisors LLC Sells 9,029 Shares of Gilead Sciences, Inc. $GILD

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Stonebridge Capital Advisors LLC reduced its stake in Gilead Sciences by 6.5% in the third quarter, selling 9,029 shares. Despite this, other institutions like Norges Bank, Ameriprise Financial Inc., Invesco Ltd., Assenagon Asset Management S.A., and Vanguard Group Inc. significantly increased their holdings. The biopharmaceutical company also saw insider selling from its Director and CEO, but analysts maintain a “Moderate Buy” consensus rating with an average target price of $156.72 and the company raised its quarterly dividend.

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