Gilead Sciences declines to $115.13 per Share

Gilead Sciences declines to $115.13 per Share

Gilead Sciences stock declined in the last trading session to $115.1. The stock has been recently under pressure as investors feel that the company has been overvalued. Many other pharmaceutical companies are working hard on developing a treatment for hepatitis C.

After the recommencement of the session, the company's stock reached the higher end at $116.42 while it hit a low of $113.1.

With a total volume of 10,182,959 shares, the last trade was called at $115.13. The company has a 52-week high of $123.37.

The company has a market cap of $169,196 million and there are 1,469,606,000 shares in outstanding. The 52-week low of the share price is $84.75.

The institutional investors own 85.7% of shares of the company. Institutional ownership in the past three month period has changed 0.01% in the company shares.

The company has disclosed insider buying and selling activities to the Securities Exchange, The Officer, of Gilead Sciences Inc, Carter Paul Rutherford had unloaded 10,000 shares at $120 per share in a transaction on June 18,
2015. The total value of this transaction was $1,200,000.

The insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

It has been found that recently, various executives have taken part in insider selling activity for the stocks of Gilead Sciences, Inc., Facebook Inc, Intercept Pharmaceuticals Inc, and Yelp Inc.

Quality content