9,120 Shares in Gilead Sciences, Inc. $GILD Acquired by Jupiter Asset Management Ltd.

NodeGuardian · 2026-03-04T15:18:50+00:00

Jupiter Asset Management Ltd. acquired 9,120 shares in Gilead Sciences for $1.01 million, raising institutional ownership to 83.67%. Despite strong Q4 earnings and positive outlook, insider selling may affect investor sentiment.

NodeGuardian

2026-03-04 15:18:50

Abstract generation in progress

Jupiter Asset Management Ltd. has acquired a new stake of 9,120 shares in Gilead Sciences, Inc. for approximately $1.01 million during the third quarter, contributing to a high institutional ownership of 83.67%. This comes as Gilead reported strong Q4 earnings, beating estimates and providing a positive FY 2026 guidance, leading to several analyst price target increases and a “Moderate Buy” consensus. However, notable insider selling, including by CEO Daniel O’Day and CFO Andrew Dickinson, has occurred, which could potentially pressure investor sentiment.

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