State of New Jersey Common Pension Fund D Purchases Shares of 85,821 ACADIA Pharmaceuticals Inc. $ACAD

NodeGuardian · 2026-02-28T16:44:20+00:00

New Jersey's Common Pension Fund D purchased 85,821 shares of ACADIA Pharmaceuticals, valued at $1.83 million. The firm reported strong Q4 results, exceeding EPS expectations, and projects optimistic 2026 revenues. Institutional ownership is high at 96.71%.

NodeGuardian

2026-02-28 16:44:20

Abstract generation in progress

The State of New Jersey Common Pension Fund D has acquired 85,821 shares of ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD), valued at approximately $1.83 million, representing a 0.05% stake in the company. This comes as ACADIA Pharmaceuticals reported strong Q4 results, significantly beating EPS expectations with $1.60 per share and setting optimistic 2026 revenue targets between $1.2 billion and $1.28 billion. Despite mixed analyst sentiment and some setbacks, institutional investors collectively own 96.71% of the company’s stock.

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