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Axecap Investments LLC Has $3.43 Million Stock Holdings in Gilead Sciences, Inc. $GILD
Axecap Investments LLC substantially reduced its stake in Gilead Sciences, Inc. during the fourth quarter, selling 37% of its shares but still holding 27,935 shares valued at $3.43 million. Despite insider selling by CFO Andrew D. Dickinson and CEO Daniel Patrick O’day, institutional ownership remains high at 83.67%, and analysts maintain a “Moderate Buy” rating with a target price of $157.35. Gilead Sciences also reported strong quarterly earnings, exceeding estimates, and increased its quarterly dividend to $0.82 per share.