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Dana Investment Advisors Inc. Buys Shares of 5,313 Regeneron Pharmaceuticals, Inc. $REGN
Dana Investment Advisors Inc. recently acquired 5,313 shares of Regeneron Pharmaceuticals (NASDAQ:REGN) for approximately $2.99 million in the third quarter. This purchase aligns with Regeneron’s strong financial performance, including exceeding Q3 earnings and revenue estimates and increasing its quarterly dividend. Analysts maintain a “Moderate Buy” rating for the biopharmaceutical company, which has seen positive pipeline developments and regulatory approvals for its key products.