Incyte Corporation $INCY Shares Bought by Victory Capital Management Inc.

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Victory Capital Management Inc. increased its stake in Incyte Corporation (NASDAQ:INCY) by 7.4% in the third quarter, now owning 1,264,485 shares worth over $107 million. Other institutional investors like denkapparat Operations GmbH, Rakuten Investment Management Inc., LBP AM SA, Massachusetts Financial Services Co. MA, and Wealth Enhancement Advisory Services LLC also adjusted their positions. The company’s stock opened at $98.86, with insiders selling shares totaling over $7 million in the last three months, while analysts have a mixed view with an average “Hold” rating and a consensus price target of $104.00.

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