Pallas Capital Advisors LLC Takes $1.32 Million Position in Regeneron Pharmaceuticals, Inc. $REGN

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Pallas Capital Advisors LLC has acquired a new position in Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN), purchasing 2,342 shares valued at approximately $1.32 million in the third quarter. Despite recent insider selling, Regeneron Pharmaceuticals exceeded earnings expectations with $11.44 EPS and $3.88 billion in revenue, and has increased its quarterly dividend to $0.94. The company maintains a “Moderate Buy” consensus rating from analysts.

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