Mckesson Corp (MCK) Files Form 4 Insider Selling : Lori A. Schechter Sells 215 Shares

Mckesson Corp (MCK): Lori A. Schechter , EVP, GC & Chief Compl. Officer of Mckesson Corp sold 215 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $182.87 per share for a total value of $39,317.17 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 25, 2016, Paul C Julian (EVP, Group President) sold 20,232 shares at $182.87 per share price.On May 25, 2016, Patrick Blake (EVP, Group President) sold 6,322 shares at $182.87 per share price.Also, On May 24, 2016, Jorge Figueredo (EVP, Human Resources) sold 12,250 shares at $179.30 per share price.On May 23, 2016, Lori A. Schechter (EVP, GC & Chief Compl. Officer) sold 107 shares at $179.33 per share price.

McKesson Corporation: On Friday, May 20, 2016 heightened volatility was witnessed in McKesson Corporation which led to swings in the share price. The shares opened for trading at $181.79 and hit $182.88 on the upside , eventually ending the session at $182.29, with a gain of 0.73% or 1.33 points. The heightened volatility saw the trading volume jump to 25,30,986 shares. The 52-week high of the share price is $243.44 and the company has a market cap of $41,019 M . The 52-week low of the share price is at $148.29.

McKesson Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.McKesson Corporation is Downgraded by Avondale to Mkt Perform. Earlier the firm had a rating of Mkt Outperform on the company shares. The Rating was issued on May 5, 2016.McKesson Corporation is Downgraded by Standpoint Research to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 26, 2016.McKesson Corporation is Initiated by Avondale to Mkt Outperform and the brokerage firm has set the Price Target at $203. The Rating was issued on Apr 19, 2016.McKesson Corporation is Initiated by Credit Suisse to Neutral. The Rating was issued on Mar 16, 2016.McKesson Corporation is Downgraded by Mizuho to Neutral and the brokerage firm has set the Price Target at $164. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 1, 2016.

McKesson Corporation (McKesson) is engaged in delivering pharmaceuticals medical supplies and healthcare information technology. The Company operates through two business segments: McKesson Distribution Solutions and Technology Solutions. The McKesson Distribution Solutions segment distributes drugs and equipment and health and beauty care products across North America and internationally. The Distribution Solutions segment provides pharmaceutical solutions for biotech and pharmaceutical manufacturers and practice management technology clinical support and business solutions to oncology and other specialty practices operating in the community setting. The Technology Solutions segment delivers clinical patient care financial supply chain and strategic management software solutions as well as connectivity outsourcing and other services including remote hosting and managed services to healthcare organizations.

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McKesson Corporation - Is it time to Sell?

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