Cardinal Health Inc CAH:NYSE

Last Price$49.36NYSE Previous Close - Last Trade as of 7:00PM ET 7/10/20
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Bid (Size)$48.68 (1)
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Volume1.8 M

Insider Trends: Cardinal Health Insider Sells Shares for Tax Slowing 90-Day Buy Trend

8:39AM ET 11/12/2019 MT Newswires
On Nov 08, 2019, Michael C Kaufmann, Director and CEO, completed a sale of 6,638 Cardinal Health (CAH) shares for approximately $356,328 to meet tax obligations. Kaufmann has control over 412,908 shares of company stock of which 412,898 shares are controlled directly and 10 shares indirectly after the transactions disclosed in the SEC Form 4 filing. These holdings have an approximate market value of $22.2 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 16 insider transactions reported to the SEC for Cardinal Health. These transactions came from the activities of 10 individual insiders that resulted in a net acquisition of 152,294 company shares. This compares with the preceding 90-day window of time where there were 4 transactions from 4 insiders which resulted in the net acquisition of 72,258 shares.

This is lower than the average level of insider transactions in the 13-company Drug Retailers peer group over the last 90-day period. Activity in the peer group averaged 76.1 transactions per company, with company insiders acquiring on average 134,134 shares.

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