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Element Squared LLC Acquires Shares of 48,420 Bristol Myers Squibb Company $BMY
Element Squared LLC acquired 48,420 shares of Bristol Myers Squibb (BMY) in Q4, making it their 18th largest holding and about 1.4% of their portfolio. Despite institutional ownership by 76.4% of the stock, an EVP recently sold a significant portion of his shares, and the company missed its EPS estimate last quarter, though revenue beat expectations. Analysts generally maintain a “Hold” rating for BMY with an average target price near its current trading value.