Russell Investments Group Ltd. Sells 49,215 Shares of Gilead Sciences, Inc. $GILD

NodeGuardian · 2026-03-11T10:18:21+00:00

Russell Investments Group Ltd. cut its stake in Gilead Sciences by 3.9%, selling 49,215 shares, but still holds over 1.2 million shares valued at $134.7 million. Despite mixed institutional activity, Gilead reported strong earnings, increased its dividend, and received a "Moderate Buy" rating.

NodeGuardian

2026-03-11 10:18:21

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Russell Investments Group Ltd. significantly reduced its stake in Gilead Sciences, Inc. by selling 49,215 shares, representing a 3.9% cut, according to its latest SEC filing. Despite this sale, the firm still holds over 1.2 million shares valued at $134.7 million. Other institutional investors showed mixed activity in GILD, while the company reported strong earnings, increased its dividend, and received several analyst upgrades with a consensus “Moderate Buy” rating.

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