Mubadala Investment Co PJSC Reduces ARM Holdings PLC Share Stake by 8.3% to 1.4 Million Sponsored ADS, According to SEC Filing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 hours ago
0mins
Should l Buy ABBV?
Source: moomoo
- Investment Stake Reduction: Mubadala Investment Company has cut its share stake in Arm Holdings by 8.3%, reducing its ownership to 1.4 million shares.
- Sponsored Ads Impact: The reduction in stake is highlighted in a recent SEC filing, indicating potential implications for sponsored ads and investment strategies.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ABBV?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ABBV
Wall Street analysts forecast ABBV stock price to rise
18 Analyst Rating
12 Buy
6 Hold
0 Sell
Moderate Buy
Current: 231.500
Low
223.00
Averages
252.00
High
289.00
Current: 231.500
Low
223.00
Averages
252.00
High
289.00
About ABBV
AbbVie Inc. is a global, diversified research-based biopharmaceutical company. It is engaged in research and development, manufacturing, commercialization and sale of medicines and therapies. Its product portfolio includes Immunology, Oncology, Aesthetics, Neuroscience, Eye Care and Other Key Products. Immunology products include rheumatology, dermatology and gastroenterology. Oncology products include Imbruvica, Venclexta/Venclyxto, Elahere and Epkinly. Aesthetics portfolio consists of facial injectables, plastics and regenerative medicine, body contouring, and skincare products. Its Neuroscience products include Botox Therapeutic, Vraylar, Duopa and Duodopa, Ubrelvy, and Qulipta. Eye Care products include Ozurdex, Lumigan/Ganfort, Alphagan/Combigan, Restasis, and other eye care. Other key products include Mavyret/Maviret, Creon, and Linzess/Constella. Its investigational candidate, bretisilocin, is for the treatment of patients with moderate-to-severe major depressive disorder (MDD).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
AbbVie's Stock Drops Post Earnings Report Despite Strong Outlook
- Earnings Performance: AbbVie's fourth-quarter revenue rose 10% year-over-year to $16.6 billion, yet the market reacted negatively to the earnings report details, resulting in a stock price drop that reflects investor concerns about future growth.
- Sales Dynamics: While sales of immunology drugs Skyrizi and Rinvoq continue to grow, Humira's sales are declining due to biosimilar competition, causing investor unease regarding its future contribution to overall revenue, which impacts the company's growth outlook.
- Growth Expectations: AbbVie anticipates a sales growth of 9.5% by 2026, projecting combined sales of over $31 billion for Skyrizi and Rinvoq, indicating potential in new products and management's confidence in future performance despite current challenges.
- Dividend Record: AbbVie has increased its dividend for 54 consecutive years, earning the title of 'Dividend King', which underscores its attractiveness to long-term income investors, even in light of recent stock price declines.
See More
Mubadala Investment Co PJSC Reduces ARM Holdings PLC Share Stake by 8.3% to 1.4 Million Sponsored ADS, According to SEC Filing
- Investment Stake Reduction: Mubadala Investment Company has cut its share stake in Arm Holdings by 8.3%, reducing its ownership to 1.4 million shares.
- Sponsored Ads Impact: The reduction in stake is highlighted in a recent SEC filing, indicating potential implications for sponsored ads and investment strategies.
See More
Mubadala Investment Co PJSC Reduces Stake in Adobe Inc by 49.0% to 11,570 Shares, According to SEC Filing
- Investment Stake: Mubadala has cut its share stake in Adobe by 49.0%, reducing its holdings to 11,570 shares.
- Regulatory Filing: The reduction in shares was disclosed in a recent SEC filing.
See More
Mubadala Investment Co PJSC Increases Stake in CVS Health Corp by 17.3% to 149,769 Shares, According to SEC Filing
Investment Increase: Mubadala Investment Company has raised its stake in CVS Health Corporation by 17.3%.
Share Count: The new total of shares held by Mubadala in CVS Health is now 149,769 shares.
See More
Mubadala Investment Co PJSC Increases Shareholding in Gilead Sciences Inc by 30.4% to 100,178 Shares, According to SEC Filing
Investment Increase: Mubadala Investment Company has raised its share stake in ILEAD Sciences by 30.4%.
New Share Count: Following the investment, Mubadala now holds a total of 100,178 shares in ILEAD Sciences.
See More
Mubadala Investment Co PJSC Increases Shareholding in Bristol-Myers Squibb Co by 41.3% to 256,633 Shares, According to SEC Filing
Investment Increase: Mubadala Investment Company has raised its share stake in Bristol-Myers Squibb by 41.3%.
New Share Count: The total number of shares held by Mubadala in Bristol-Myers Squibb now stands at 256,633 shares.
See More
AbbVie's Stock Drops Post Earnings Report Despite Strong Outlook
- Earnings Performance: AbbVie's fourth-quarter revenue rose 10% year-over-year to $16.6 billion, yet the market reacted negatively to the earnings report details, resulting in a stock price drop that reflects investor concerns about future growth.
- Sales Dynamics: While sales of immunology drugs Skyrizi and Rinvoq continue to grow, Humira's sales are declining due to biosimilar competition, causing investor unease regarding its future contribution to overall revenue, which impacts the company's growth outlook.
- Growth Expectations: AbbVie anticipates a sales growth of 9.5% by 2026, projecting combined sales of over $31 billion for Skyrizi and Rinvoq, indicating potential in new products and management's confidence in future performance despite current challenges.
- Dividend Record: AbbVie has increased its dividend for 54 consecutive years, earning the title of 'Dividend King', which underscores its attractiveness to long-term income investors, even in light of recent stock price declines.
See More
Mubadala Investment Co PJSC Reduces ARM Holdings PLC Share Stake by 8.3% to 1.4 Million Sponsored ADS, According to SEC Filing
- Investment Stake Reduction: Mubadala Investment Company has cut its share stake in Arm Holdings by 8.3%, reducing its ownership to 1.4 million shares.
- Sponsored Ads Impact: The reduction in stake is highlighted in a recent SEC filing, indicating potential implications for sponsored ads and investment strategies.
See More
Mubadala Investment Co PJSC Reduces Stake in Adobe Inc by 49.0% to 11,570 Shares, According to SEC Filing
- Investment Stake: Mubadala has cut its share stake in Adobe by 49.0%, reducing its holdings to 11,570 shares.
- Regulatory Filing: The reduction in shares was disclosed in a recent SEC filing.
See More
Mubadala Investment Co PJSC Increases Stake in CVS Health Corp by 17.3% to 149,769 Shares, According to SEC Filing
Investment Increase: Mubadala Investment Company has raised its stake in CVS Health Corporation by 17.3%.
Share Count: The new total of shares held by Mubadala in CVS Health is now 149,769 shares.
See More
Mubadala Investment Co PJSC Increases Shareholding in Gilead Sciences Inc by 30.4% to 100,178 Shares, According to SEC Filing
Investment Increase: Mubadala Investment Company has raised its share stake in ILEAD Sciences by 30.4%.
New Share Count: Following the investment, Mubadala now holds a total of 100,178 shares in ILEAD Sciences.
See More
Mubadala Investment Co PJSC Increases Shareholding in Bristol-Myers Squibb Co by 41.3% to 256,633 Shares, According to SEC Filing
Investment Increase: Mubadala Investment Company has raised its share stake in Bristol-Myers Squibb by 41.3%.
New Share Count: The total number of shares held by Mubadala in Bristol-Myers Squibb now stands at 256,633 shares.
See More
