Swiss National Bank Has $398 Million Position in Gilead Sciences, Inc. $GILD

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Swiss National Bank has reduced its stake in Gilead Sciences, Inc. by 5.0% in the third quarter, now owning 0.29% of the company’s shares valued at $398 million. Other institutional investors have also adjusted their holdings, while company insiders have sold a significant amount of shares. Analysts currently rate Gilead Sciences as a “Moderate Buy” with an average price target of $156.72.

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