NEOS Investment Management LLC increased its stake in Merck & Co., Inc. (NYSE:MRK) by 39.9% in the third quarter, bringing their total holdings to 347,684 shares valued at $29.18 million. Several other institutional investors also adjusted their positions in the company. Insider selling by CFO Caroline Litchfield and CEO Robert M. Davis was also reported, alongside positive analyst ratings and a consensus “Moderate Buy” rating for MRK.
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Merck & Co., Inc. $MRK Shares Purchased by NEOS Investment Management LLC
NEOS Investment Management LLC increased its stake in Merck & Co., Inc. (NYSE:MRK) by 39.9% in the third quarter, bringing their total holdings to 347,684 shares valued at $29.18 million. Several other institutional investors also adjusted their positions in the company. Insider selling by CFO Caroline Litchfield and CEO Robert M. Davis was also reported, alongside positive analyst ratings and a consensus “Moderate Buy” rating for MRK.