who owns gilead sciences stock

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. Thank you for reading. Learn more about, this free report showing analyst forecasts for its future, Click here to see them for FREE on Simply Wall St. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying. We aim to bring you long-term focused research analysis driven by fundamental data. China has applied to patent a drug candidate being developed by Gilead Sciences as the government rushes to find the cure for the deadly coronavirus, a move that could raise questions on intellectual property and marketing rights.. The most recent report showed that by day 29, the mortality rate with remdesivir was 11.4% compared to 15.2% with the placebo. This can indicate that the company has a certain degree of credibility in the investment community. Gilead Sciences, Inc. /ˈɡɪliəd/, is an American biopharmaceutical company headquartered in Foster City, California that researches, develops and commercializes drugs. In the chart below below, we can see that institutional investors have bought into the company. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. It … Let's look at whether its stock is a good investment during the pandemic. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Fund or Company Name Shares Held Valued At Change in Shares As Of ; Capital Research Global Investors : 125M $9.6B 31% : Jun 2020 Vanguard Group : 105M $8.1B -2% : Jun 2020 State Street Corporation : 58M $4.5B 2% … The company focuses primarily on antiviral drugs used in the treatment of HIV, hepatitis B, hepatitis C, and influenza, including Harvoni and Sovaldi. *Stock Advisor returns as of September 24, 2020, Like us on Facebook to see similar stories, Fauci warns Thanksgiving celebrations a 'risk', America's most successful employee-owned companies. David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Gilead Sciences wasn't one of them! That's right -- they think these 10 stocks are even better buys. Institutional investors commonly compare their own returns to the returns of a commonly followed index. The Motley Fool owns shares of and recommends Gilead Sciences. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. Eli Lilly also issued a press release earlier this month saying that its own antibody treatments were effective in battling COVID-19, as they've reduced viral loads and prevented hospitalizations due to COVID-19. This may not be consistent with full year annual report figures. You can access this interactive graph of past earnings, revenue and cash flow, for free. If you are like me, you may want to think about whether this company will grow or shrink. In September, the Centers for Disease Control and Prevention predicted that by the third quarter of next year, enough vaccines will be available for the coronavirus that Americans should start to be able to return to their normal lives. Simply Wall St has no position in the stocks mentioned. And the company's CEO, Daniel O'Day, told CNBC that Gilead has "ample supply" of the drug, and that by the end of October it will have enough to supply patients around the world. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. I find it very interesting to look at who exactly owns a company. Luckily, you can check this free report showing analyst forecasts for its future. Gilead Sciences is not owned by hedge funds. Remdesivir has been available for months for COVID-19 patients. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. Our research team consists of equity analysts with a public, market-beating track record. Is Gilead Sciences a Good Coronavirus Stock to Buy? 24 Kippax St, Sydney So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors own 83% of Gilead Sciences. Demand is likely to remain strong for the foreseeable future. I generally consider insider ownership to be a good thing. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. The Motley Fool owns shares of and recommends Gilead Sciences. The problem with remdesivir is that while it has improved recovery times for patients, it's not a cure; remdesivir is not able to prevent death in many cases. Who bought or sold Gilead Sciences this quarter? Yahoo is part of Verizon Media. But to truly gain insight, we need to consider other information, too. But for coronavirus stocks, there are simply better options out there. In April, the National Institute of Allergy and Infectious Diseases (NIAID) released the results of a study on remdesivir that showed that hospitalized patients with advanced COVID-19 who took the drug recovered 31% more quickly than others, speeding up recovery time by four days. Early results from a study are showing that Regeneron's antibody treatment appears to be effective in reducing the viral levels of patients with the coronavirus, while also improving symptoms in people who aren't yet hospitalized. It's clear that remdesivir is effective in reducing the recovery time of patients with COVID-19, so it could be an attractive coronavirus stock to own. A study released earlier this month in the New England Journal of Medicine found that hospitalized COVID-19 patients taking remdesivir recovered five days quicker, compared with median recovery times, than patients who only received a placebo. There are also alternatives, such as Regeneron's (NASDAQ: REGN) REGN-COV2 antibody cocktail, which President Donald Trump took under a "compassionate use" request (the company is currently seeking EUA from the FDA) when he contracted COVID-19. ACN 600 056 611, Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. Nearly four months later, on Aug. 28, the FDA expanded that authorization to include all patients who are in hospitals due to COVID-19. The Motley Fool has a disclosure policy. 10 stocks we like better than Gilead Sciences, When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Gilead Sciences Inc GILD Morningstar Rating Rating as of Oct 12, 2020. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. As you can see, institutional investors own 83% of Gilead Sciences. This article by Simply Wall St is general in nature. That's why investing in coronavirus stocks could still be a good move for investors today. Fauci was the director of NIAID during … On May 1, the U.S. Food and Drug Administration (FDA) granted emergency use authorization (EUA) to remdesivir for use in patients with severe COVID-19 (where blood oxygen is low or a ventilator is needed). Add alert for GILD Ticker: GILD; CUSIP Number: 375558103; Top investors of Gilead Sciences stock. David Jagielski has no position in any of the stocks mentioned. Net sales break down by source of income as follows: And the estimate could change depending on spikes in cases -- and on whether companies developing vaccines run into problems along the way. We’d expect to see both institutions and retail investors owning a portion of the company. With a 16% ownership, the general public have some degree of sway over GILD. We can zoom in on the different ownership groups, to learn more about GILD. As it is a large company, we’d only expect insiders to own a small percentage of it. The definition of company insiders can be subjective, and does vary between jurisdictions. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. And Gilead's drug remdesivir was one of the early treatment options that medical experts were excited about. And so while there's been progress in treating COVID-19, the results have been a bit underwhelming, and not the solution that investors and medical experts were likely hoping for. This can indicate that the company has a certain degree of credibility in the investment community. Treating patients who have COVID-19 will be necessary until the disease is gone.

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