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Teachers Retirement System of The State of Kentucky Has $30.18 Million Stake in Incyte Corporation $INCY
Teachers Retirement System of The State of Kentucky has reduced its stake in Incyte Corporation (NASDAQ:INCY) by 16.2% in the third quarter, now holding 355,840 shares valued at approximately $30.18 million. Despite missing EPS estimates at $1.80 versus $1.96, Incyte reported strong quarterly revenue of $1.51 billion, up 27.8% year-over-year. Insiders have been net sellers of the stock, while institutional investors hold a significant majority of shares.