The EVP&Pres, Merck Animal Heallth of Merck & Company is Exercising Options

Yesterday it was reported that the EVP&Pres, Merck Animal Heallth of Merck & Company (MRK), Richard Deluca, exercised options to sell 38,126 MRK shares at $39.29 a share, for a total transaction value of $3.24M.

Following Richard Deluca’s last MRK Sell transaction on May 07, 2019, the stock climbed by 8.3%.

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Based on Merck & Company’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $11.68 billion and quarterly net profit of $2.67 billion. In comparison, last year the company earned revenue of $10.34 billion and had a net profit of $1.71 billion. Currently, Merck & Company has an average volume of 6.88M. The Company has a Price to Book ratio of 7.9609.

Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $94.83, reflecting a 10.6% upside.

Richard Deluca’s trades have generated a -14.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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