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Regeneron Pharmaceuticals, Inc. $REGN Shares Acquired by Ellerson Group Inc. ADV
Ellerson Group Inc. ADV significantly increased its stake in Regeneron Pharmaceuticals (NASDAQ:REGN) by 49.2% in Q3, now holding 8,102 shares valued at $4.556 million, making it their 10th-largest holding. This comes as Regeneron reported strong quarterly earnings, beating expectations with an EPS of $11.44 and revenue of $3.88 billion, and raised its quarterly dividend. Analysts maintain a “Moderate Buy” rating with an average target price of $793.81, though some insiders recently sold shares.