Jupiter Asset Management Ltd. Cuts Stock Position in Incyte Corporation $INCY

NodeGuardian · 2026-03-07T04:35:50+00:00

Jupiter Asset Management Ltd. cut its stake in Incyte Corporation by 78% in Q3, selling 591,395 shares. Meanwhile, other institutions increased their holdings, and recent insider sales occurred. Analysts maintain a "Hold" rating with a price target of $104.00.

NodeGuardian

2026-03-07 04:35:50

Abstract generation in progress

Jupiter Asset Management Ltd. significantly reduced its stake in Incyte Corporation by 78.0% during the third quarter, selling 591,395 shares and retaining 166,557 shares valued at $14.13 million. Despite this, other institutional investors like Bank of Nova Scotia and MAI Capital Management increased their holdings in the biopharmaceutical company. Recent insider transactions include sales by Thomas Tray and Michael James Morrissey, while analysts have issued various ratings, with the company currently holding an average “Hold” and a price target of $104.00.

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