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Marietta Investment Partners LLC Invests $2.70 Million in ResMed Inc. $RMD
Marietta Investment Partners LLC recently acquired a new stake of 9,858 shares in ResMed Inc. (NYSE:RMD) totaling approximately $2.70 million. This investment comes amidst notable insider selling by ResMed’s CEO and Director, while institutional investors now collectively own nearly 55% of the company. Analysts maintain a generally positive “Moderate Buy” rating for ResMed, with a consensus target price of $299.27, and the company has declared a quarterly dividend of $0.60 per share.