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Despite a 52-week low, Moderna sees continued interest from major investors holding 75.33% of its stock.
In 2021, AIA Group acquired more shares of Moderna, totaling 47,640, valued at nearly $2 million.
Meanwhile, Charles Schwab Investment Management Inc. owns over 2 million shares worth about $97.5 million.
Moderna's stock hit a 52-week low at $26.80, despite analysts maintaining a bullish outlook with a $59 average target price.
The recent decline may be due to market volatility, but institutional investors still hold 75.33% of the company's stock, indicating continued interest.
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