Sun Sep 15 12:52:46 UTC 2024: ## American Century Companies Reduces Stake in IQVIA Holdings

**New York, NY** – American Century Companies Inc., a prominent institutional investor, reduced its stake in IQVIA Holdings Inc. (NYSE: IQV) by 40.4% during the second quarter, according to the company’s latest 13F filing with the Securities and Exchange Commission (SEC). The filing reveals that American Century now owns 419,822 shares of the medical research company’s stock, valued at $88,767,000.

This move comes amidst a flurry of activity from other institutional investors and hedge funds. Versant Capital Management Inc. significantly increased its position in IQVIA, while Opal Wealth Advisors LLC, Rise Advisors LLC, Riverview Trust Co., and International Assets Investment Management LLC all acquired new stakes in the company.

IQVIA’s stock opened at $238.70 on Friday, with the company boasting a market cap of $43.49 billion. Analysts remain optimistic about IQVIA’s future, with several research firms recently upgrading their ratings and price targets.

**Insider Activity**

In a separate development, Eric Sherbet, an insider at IQVIA, sold 1,300 shares of the company’s stock on August 27th at an average price of $246.33. This transaction amounted to $320,229.00, leaving Sherbet with 19,536 shares, valued at $4,812,302.88.

**Company Overview**

IQVIA Holdings Inc. is a leading provider of advanced analytics, technology solutions, and clinical research services for the life sciences industry. The company operates in three segments: Technology & Analytics Solutions, Research & Development Solutions, and Contract Sales & Medical Solutions.

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