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Magnus Financial Group trims Johnson & Johnson shares by 9.9% amid mixed insider selling and positive FDA news.

Market News
23 Mar 2026
Defense World
View Source
Neutral
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Magnus Financial Group reduced its Johnson & Johnson holdings by 9.9% in Q4, selling 2,124 shares. Meanwhile, insiders sold over 30,000 shares recently. Despite this, J&J received FDA approval for a new immunology drug, Icotyde, boosting growth prospects. Analysts remain mostly positive, with price targets raised amid cautious market sentiment. The company also declared a quarterly dividend of $1.30 per share, maintaining steady income for investors.

More News (JNJ)

Johnson & Johnson raises 2026 EPS forecast after strong Q2 sales of depression drug Spravato.

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FTSE 100 dips as miners fall on China slowdown; PayPal jumps on $53B bid from Stripe and Advent

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