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J. Safra Sarasin Holding AG Sells 10,794 Shares of ResMed Inc. $RMD
J. Safra Sarasin Holding AG significantly reduced its stake in ResMed Inc. ($RMD) by selling 10,794 shares, lowering its total holdings to 1,565 shares valued at $377,000. Other institutional investors like SJS Investment Consulting Inc. and ORG Partners LLC increased their positions, while ResMed’s CEO and a Director also sold shares. The company recently reported strong earnings, declared a quarterly dividend, and has a “Moderate Buy” consensus rating from analysts with an average price target of $299.27.