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Nektar Therapeutics insider sells shares, company stock remains heavily held by institutions.
Nektar Therapeutics insider Jonathan Zalevsky sold 10,300 shares, reducing his ownership by 3.15%.
The biopharmaceutical company, focused on immunotherapy, has a "Moderate Buy" rating and a $4.08 price target.
Despite recent stock declines to $0.93, major institutional investors hold 75.88% of the company's stock, with some increasing their stakes recently.
2 months ago
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