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Merck & Co., Inc. $MRK Shares Acquired by ICICI Prudential Asset Management Co Ltd
ICICI Prudential Asset Management Co Ltd significantly increased its stake in Merck & Co., Inc. (MRK) by 73.2% in the third quarter, making it their 25th largest holding. This move comes as institutional investors are actively adjusting their positions in MRK, while company insiders have been net sellers. Merck recently reported strong Q3 earnings, beating analyst expectations, and announced a quarterly dividend, signaling solid financial health despite insider selling.