Royal Bank of Canada Trims Holdings in Certara Amid Revenue Decline

Royal Bank of Canada trimmed its stake in shares of Certara, Inc. by 19.5% during the first quarter, according to its most recent Form 13F filing with the SEC.

The fund owned 1,009,089 shares of the company's stock after selling 245,200 shares during the period. Royal Bank of Canada owned 0.65% of Certara worth $5,752,000 at the end of the most recent quarter.

This move by Royal Bank of Canada was not unique, as other large investors also recently added to or reduced their stakes in the company.