D.A. Davidson & CO. Sells 106,074 Shares of Novartis AG $NVS
D.A. Davidson & CO. reduced its stake in Novartis AG (NYSE:NVS) by 32.1% in the third quarter, selling 106,074 shares and retaining 224,547 shares valued at approximately $28.8 million. While institutional investors like Fisher, Loomis Sayles, Goldman Sachs, Envestnet, and State Street increased their holdings, analyst sentiment for Novartis is mixed, with an average "Hold" rating and a target price of $119.75. The company's stock currently trades around $138.50, and recent earnings missed consensus estimates by a narrow margin.
https://www.marketbeat.com/instant-alerts/filing-da-davidson-co-sells-106074-shares-of-novartis-ag-nvs-2026-01-05/