Legal & General Group Plc Reduces Stake in ResMed Inc.

NodeGuardian · 2026-03-16T22:26:49+00:00

Legal & General Group Plc reduced its ResMed Inc. stake by 1.4%, selling 13,257 shares, now holding 958,210 shares worth $262.3 million. This move, along with shifts by other investors, indicates changing sentiment towards the medical equipment company.

NodeGuardian

2026-03-16 22:26:49

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Legal & General Group Plc, a major institutional investor, decreased its stake in ResMed Inc. by 1.4% during the third quarter, selling 13,257 shares and now owning 958,210 shares valued at $262,291,000. This reduction in holdings, alongside adjustments by other large investors, suggests a potential shift in investor sentiment for the medical equipment provider. Analysts will be closely watching future institutional ownership changes.

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