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William Blair Investment Management LLC Decreases Stake in Vertex Pharmaceuticals Incorporated $VRTX
William Blair Investment Management LLC significantly reduced its stake in Vertex Pharmaceuticals (NASDAQ:VRTX) by 97.4% during Q3, selling over 22,000 shares. Despite this, other hedge funds either acquired new positions or increased their holdings in the pharmaceutical company. Vertex Pharmaceuticals has received a “Moderate Buy” consensus rating from analysts, with a target price of $542.00, and has also seen recent insider selling activity.