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Arizona State Retirement System Decreases Holdings in Regeneron Pharmaceuticals, Inc. $REGN
The Arizona State Retirement System reduced its stake in Regeneron Pharmaceuticals (NASDAQ:REGN) by 5.7% in Q4 2025, now holding 29,232 shares valued at $22.56 million. This partial divestment comes as Regeneron experiences a mix of positive news, such as FDA approval for its gene therapy Otarmeni and strong Q4 earnings, alongside potential pressures like a drug-pricing “most-favored-nation” deal. Analysts currently rate REGN as a “Moderate Buy” with a consensus target price of $825.35.