DNB Asset Management AS significantly increased its stake in DexCom, Inc. (NASDAQ:DXCM) by acquiring an additional 803,086 shares, bringing its total holdings to 1,098,544 shares valued at $73.92 million. Other institutional investors also adjusted their positions in the medical device company. DexCom reported strong third-quarter earnings, beating analyst estimates with $0.68 EPS and revenues of $1.26 billion, and maintains a “Moderate Buy” consensus rating from analysts.
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DNB Asset Management AS Acquires 803,086 Shares of DexCom, Inc. $DXCM
DNB Asset Management AS significantly increased its stake in DexCom, Inc. (NASDAQ:DXCM) by acquiring an additional 803,086 shares, bringing its total holdings to 1,098,544 shares valued at $73.92 million. Other institutional investors also adjusted their positions in the medical device company. DexCom reported strong third-quarter earnings, beating analyst estimates with $0.68 EPS and revenues of $1.26 billion, and maintains a “Moderate Buy” consensus rating from analysts.