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Artemis Investment Management LLP Has $160.86 Million Stock Position in AbbVie Inc. $ABBV
Artemis Investment Management LLP significantly decreased its holdings in AbbVie Inc. by 10.1% in the fourth quarter, reducing its stake to 703,998 shares valued at over $160 million, though AbbVie remains its fifth-largest portfolio position. Institutional investors collectively own 70.23% of AbbVie. The article also notes recent analyst upgrades and a “Moderate Buy” consensus rating for ABBV, alongside recent insider stock sales worth millions.