Gilead Sciences Inc (GILD) Files Form 4 Insider Selling : Gregg H Alton Sells 5,000 Shares

Gilead Sciences Inc (GILD): Gregg H Alton , EVP Comm&Acs ALA, Corp&Med Aff of Gilead Sciences Inc sold 5,000 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $81.84 per share for a total value of $409,220.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 8, 2016, John F Milligan (President and CEO) sold 70,000 shares at $77.74 per share price.On Sep 6, 2016, John C Martin (Executive Chairman) sold 100,000 shares at $77.82 per share price.Also, On Aug 25, 2016, Kevin E Lofton (director) sold 3,500 shares at $81.97 per share price.On Aug 3, 2016, Paul Rutherford Carter (EVP Commercial Ops) sold 2,000 shares at $79.81 per share price.

Shares of Gilead Sciences (GILD) ended Thursday, Sep 22, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -0.22% at $81.52 with 82,13,760 shares getting traded. Post opening the session at $81.97, the shares hit an intraday low of $80.9 and an intraday high of $82 and the price vacillated in this range throughout the day. The company has a market cap of $107,579 M and the number of outstanding shares has been calculated to be 1,31,96,58,490 shares. The 52-week high of Gilead Sciences is $111.11 and the 52-week low is $76.67.

Gilead Sciences Money Flow Index Chart

Company has been under the radar of several Street Analysts.Gilead Sciences is Initiated by Berenberg to Buy and the brokerage firm has set the Price Target at $112. The Rating was issued on Sep 12, 2016.Gilead Sciences is Upgraded by Jefferies to Buy. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Sep 6, 2016.Gilead Sciences is Downgraded by Argus to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jul 29, 2016.Gilead Sciences is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 105 from a previous price target of $120 . The Rating was issued on Jul 26, 2016.Gilead Sciences is Downgraded by Needham to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jul 26, 2016.

Gilead Sciences Inc. (Gilead) is a research-based biopharmaceutical company that discovers develops and commercializes innovative medicines. The Company’s primary areas of focus include human immunodeficiency virus (HIV) liver diseases such as chronic hepatitis C virus (HCV) infection and chronic hepatitis B virus (HBV) infection oncology and inflammation and serious cardiovascular and respiratory conditions. The Company’s HIV products include Stribild Complera/Eviplera Atripla Truvada Viread Emtriva Tybost and Vitekta. Its Liver Diseases products include Harvoni Sovaldi Viread and Hepsera. Zydelig is the Company’s oncology product. Its Cardiovascular products include Letairis Ranexa and Lexiscan/Rapiscan. Its Respiratory products include Cayston and Tamiflu. Its other products include AmBisome and Macugen.

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