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Pallas Capital Advisors LLC Decreases Stock Holdings in DexCom, Inc. $DXCM
Pallas Capital Advisors LLC significantly reduced its stake in DexCom, Inc. (NASDAQ:DXCM) by 69.7% in the fourth quarter, selling 16,243 shares and retaining 7,055 shares valued at $468,000. Despite this, institutional ownership remains very high at 97.75%, with Vanguard Group Inc. being a major holder. DexCom recently reported strong earnings, exceeding analyst expectations with a 13.1% increase in revenue, and has a “Moderate Buy” consensus rating from analysts.