Fintel reports that on November 8, 2024, Maxim Group downgraded their outlook for Gilead Sciences (SNSE:GILDCL) from Buy to Hold.
What is the Fund Sentiment?
There are 2,850 funds or institutions reporting positions in Gilead Sciences. This is an decrease of 20 owner(s) or 0.70% in the last quarter. Average portfolio weight of all funds dedicated to GILDCL is 0.40%, an increase of 5.09%. Total shares owned by institutions increased in the last three months by 2.17% to 1,262,285K shares.
What are Other Shareholders Doing?
Capital World Investors holds 76,250K shares representing 6.12% ownership of the company. In its prior filing, the firm reported owning 84,497K shares , representing a decrease of 10.82%. The firm decreased its portfolio allocation in GILDCL by 16.72% over the last quarter.
Capital Research Global Investors holds 60,428K shares representing 4.85% ownership of the company. In its prior filing, the firm reported owning 61,246K shares , representing a decrease of 1.35%. The firm decreased its portfolio allocation in GILDCL by 10.38% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 39,368K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 39,174K shares , representing an increase of 0.49%. The firm decreased its portfolio allocation in GILDCL by 8.46% over the last quarter.
Dodge & Cox holds 33,122K shares representing 2.66% ownership of the company. In its prior filing, the firm reported owning 33,167K shares , representing a decrease of 0.14%. The firm decreased its portfolio allocation in GILDCL by 3.23% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 31,976K shares representing 2.57% ownership of the company. In its prior filing, the firm reported owning 31,400K shares , representing an increase of 1.80%. The firm decreased its portfolio allocation in GILDCL by 9.71% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
