Primecap Management Co. CA Reduces Stake in Revvity Inc. $RVTY

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Primecap Management Co. CA decreased its holdings in Revvity Inc. (NYSE:RVTY) by 2.0% in the third quarter, selling 26,810 shares and retaining 1,332,831 shares valued at $116.82 million. Other institutional investors also adjusted their positions in the company, with some increasing stakes and others buying new positions. Revvity recently announced a quarterly dividend and analysts have provided varied ratings, with a consensus “Hold” and an average price target of $113.67.

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