Aquatic Capital Management LLC Trims Stake in Regeneron Pharmaceuticals, Inc. $REGN

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Aquatic Capital Management LLC significantly reduced its holdings in Regeneron Pharmaceuticals (NASDAQ:REGN) by 73.4% in the third quarter, selling 38,194 shares and retaining 13,831 shares valued at approximately $7.78 million. Despite this, Regeneron reported strong quarterly earnings, surpassing estimates with an EPS of $11.44 and revenue of $3.88 billion, and has raised its quarterly dividend to $0.94. The company’s stock currently trades at a market cap of about $78.8 billion with a P/E ratio of 17.94.

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