What Did This CEO Just Do with Personal Shares of Cardinal Health (CAH)?


Today, the CEO, Medical Segment of Cardinal Health (NYSE: CAH), Jon Giacomin, sold shares of CAH for $150.1K.

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Based on Cardinal Health’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $35.35 billion and GAAP net loss of $1.17 billion. In comparison, last year the company earned revenue of $32.97 billion and had a net profit of $274 million. CAH’s market cap is $16.35B and the company has a P/E ratio of 69.93. Currently, Cardinal Health has an average volume of 2.6M.

Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $57.60, reflecting a -10.3% downside.

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Cardinal Health, Inc. is a healthcare services company providing pharmaceutical and medical products. It operates through the Pharmaceutical and Medical segments.

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