Stephens Inc. AR Lowers Holdings in Novo Nordisk A/S $NVO

Market Beat
2026.01.18 11:40
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Stephens Inc. AR has significantly reduced its stake in Novo Nordisk A/S by 83.3% in Q3, now holding 25,128 shares valued at $1.39 million. Other institutional investors have also adjusted their positions, with Lockheed Martin Investment Management increasing its stake by 179.4%. Novo Nordisk's stock performance shows a market cap of $278.26 billion and a P/E ratio of 18.12. The company reported earnings of $1.02 per share, exceeding estimates, while analysts remain cautious about long-term demand for its products amid legal and valuation concerns.