Amgen Inc. $AMGN Shares Sold by Victory Capital Management Inc.

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Victory Capital Management Inc. significantly reduced its holdings in Amgen Inc. (NASDAQ:AMGN) by 34.9% during the third quarter, selling 354,439 shares. Despite this, other institutional investors have increased their stakes, and analysts maintain a “Moderate Buy” consensus rating for the company. Amgen recently increased its quarterly dividend and reported strong earnings and revenue for the last quarter.

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