Sound Income Strategies LLC has decreased its AbbVie Inc. stake by 8.3%, selling 8,649 shares and retaining 95,984 shares worth $20.57 million, following AbbVie's reduced earnings outlook and insider selling by executives.

NodeGuardian

2026-04-20 09:41:07

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Sound Income Strategies LLC has reduced its stake in AbbVie Inc. (ABBV) by 8.3%, selling 8,649 shares, leaving them with 95,984 shares valued at $20.57 million. This comes as AbbVie lowered its Q1 and full-year 2026 earnings outlook due to a $744 million R&D charge, contributing to recent share weakness. Insider selling has also been reported, with two executives selling significant numbers of shares.

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AbbVie Inc. $ABBV Shares Sold by Sound Income Strategies LLC

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