Annexon (NASDAQ:ANNX) CFO Sells $40,118.61 in Stock

Annexon (NASDAQ:ANNX) CFO Jennifer Lew sold 7,851 shares of the company’s stock, totaling $40,118.61, on February 18th, reducing her stake by 6.46%. Despite this insider selling, institutional investors like Adage Capital, State Street, Nuveen, and BVF Inc. IL significantly increased their positions in Annexon. Wall Street analysts currently give Annexon a “Moderate Buy” rating with a consensus price target of $17.00.

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