Alps Advisors Inc. Increases Holdings in Gilead Sciences, Inc. $GILD

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Alps Advisors Inc. significantly increased its stake in Gilead Sciences (NASDAQ:GILD) by 171.9% in Q3, now owning 53,913 shares worth $5,984,000. Other major institutional investors like Norges Bank, Ameriprise, Invesco, and Vanguard also boosted their holdings, with institutions collectively owning 83.67% of the stock. Despite this, company insiders have been net sellers, with CEO Daniel Patrick O’Day selling shares valued at $17.35 million in February.

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