Rakuten Investment Management Inc. Purchases New Shares in Gilead Sciences, Inc. $GILD

Market Beat
2026.01.23 11:18
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Rakuten Investment Management Inc. acquired 65,400 shares of Gilead Sciences, Inc. (NASDAQ:GILD) in Q3, valued at approximately $7.26 million, according to a recent SEC filing. Other institutional investors also increased their stakes in Gilead. The company reported a quarterly EPS of $2.47, exceeding estimates, with revenue of $7.77 billion. Gilead announced a quarterly dividend of $0.79 per share, yielding 2.4%. Insider trading activity included sales by CFO Andrew D. Dickinson and CEO Daniel Patrick O'day, with a total of 141,757 shares sold in the last three months.