The Manufacturers Life Insurance Company Sells 148,344 Shares of Gilead Sciences, Inc. $GILD
MarketBeat
The Manufacturers Life Insurance Company reduced its stake in Gilead Sciences (NASDAQ:GILD) by 11.9% in the second quarter, selling 148,344 shares but still holding over 1 million shares valued at $138.2 million. Gilead Sciences reported strong quarterly results with $7.8 billion in revenue and an adjusted EPS of negative $6.75, both exceeding analyst expectations. The company also declared a quarterly dividend of $0.82 per share, while analysts maintain a "Moderate Buy" rating with an average p
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