WCM Investment Management LLC raised its ownership in Teva Pharmaceutical Industries Ltd. by 16.6% in the third quarter. The firm purchased an additional 35,691 shares, bringing its total holdings to 250,447 shares.
This increase reflects WCM’s continued interest in Teva’s stock amid ongoing market developments.
**Why this matters**
Institutional investors like WCM can influence market perceptions and signal confidence in a company’s prospects. Changes in their holdings are closely watched by other investors and analysts.
Source: NewsData