Today it was reported that the EVP of AmerisourceBergen Corporation (ABC), Gina Clark, exercised options to sell 29,549 ABC shares at $40.21 a share, for a total transaction value of $2.61M.
Following Gina Clark’s last ABC Sell transaction on August 18, 2017, the stock climbed by 10.2%.
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Based on AmerisourceBergen Corporation’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $43.3 billion and quarterly net profit of $233 million. In comparison, last year the company earned revenue of $39.12 billion and had a GAAP net loss of $295 million. ABC’s market cap is $18.96B and the company has a P/E ratio of 11.64. Currently, AmerisourceBergen Corporation has an average volume of 361.4K.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $92.25, reflecting a 5.2% upside.
The insider sentiment on AmerisourceBergen Corporation has been positive according to 94 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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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 and Other segments.
