Today, the CFO of AmerisourceBergen Corporation (ABC), James F. Cleary, bought shares of ABC for $155K.
This recent transaction increases James F. Cleary’s holding in the company by 37.69% to a total of $582K.
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Based on AmerisourceBergen Corporation’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $45.39 billion and quarterly net profit of $394 million. In comparison, last year the company earned revenue of $40.47 billion and had a net profit of $862 million. ABC’s market cap is $16.81B and the company has a P/E ratio of 14.62. Currently, AmerisourceBergen Corporation has an average volume of 3.37M.
Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $90.20, reflecting a 17.7% upside. Three different firms, including Cowen & Co. and Goldman Sachs, currently also have a Buy rating on the stock.
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AmerisourceBergen Corp. engages provision of pharmaceutical products and business solutions that improve access to care. It operates through the Pharmaceutical Distribution Services and Other segments.
