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Will Gilead Sciences, Inc (GILD) benefit from Wall Street bulls Calls?

Gilead Sciences, Inc (NASDAQ: GILD) is 14.55% higher on its value in year-to-date trading and has touched a low of $62.07 and a high of $98.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GILD stock was last observed hovering at around $92.05 in the last trading session, with the day’s gains setting it 0.75%.

Currently trading at $92.80, the stock is 1.36% and 2.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.05 million and changing 0.81% at the moment leaves the stock 20.98% off its SMA200. GILD registered 15.52% gain for a year compared to 6-month gain of 46.95%. The firm has a 50-day simple moving average (SMA 50) of $89.952 and a 200-day simple moving average (SMA200) of $76.60655.

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The stock witnessed a 4.98% loss in the last 1 month and extending the period to 3 months gives it a 10.62%, and is 0.50% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.31% over the week and 2.13% over the month.

Gilead Sciences, Inc (GILD) has around 18000 employees, a market worth around $115.65B and $28.27B in sales. Current P/E ratio is 1046.22 and Fwd P/E is 12.26. Profit margin for the company is 0.45%. Distance from 52-week low is 49.51% and -6.17% from its 52-week high. The company has generated returns on investments over the last 12 months (0.32%).

with sales reaching $7.16B over the same period.The EPS is expected to shrink by -34.72% this year, but quarterly earnings will post 4.38% year-over-year. Quarterly sales are estimated to grow 0.61% in year-over-year returns.

Gilead Sciences, Inc (GILD) Top Institutional Holders

2365.0 institutions hold shares in Gilead Sciences, Inc (GILD), with institutional investors hold 88.50% of the company’s shares. The shares outstanding are 1.25B, and float is at 1.24B with Short Float at 1.88%. Institutions hold 88.40% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 120.63 million shares valued at $8.28 billion. The investor’s holdings represent 9.6738% of the GILD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 115.26 million shares valued at $7.91 billion to account for 9.2431 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 76.25 million shares representing 6.1147% and valued at over $5.23 billion, while CAPITAL RESEARCH GLOBAL INVESTORS holds 4.8458 of the shares totaling 60.43 million with a market value of $4.15 billion.

Gilead Sciences, Inc (GILD) Insider Activity

The most recent transaction is an insider sale by Dickinson Andrew D, the company’s Chief Financial Officer. SEC filings show that Dickinson Andrew D sold 8,500 shares of the company’s common stock on Dec 16 ’24 at a price of $91.96 per share for a total of $0.78 million. Following the sale, the insider now owns 0.13 million shares.

Still, SEC filings show that on Nov 29 ’24, Dickinson Andrew D (Chief Financial Officer) disposed off 248,645 shares at an average price of $92.76 for $23.07 million. The insider now directly holds 138,919 shares of Gilead Sciences, Inc (GILD).

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