Insider Sale: Director Maria Martinez Sells Shares of McKesson Corp (MCK)

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On June 7, 2024, Maria Martinez, Director at McKesson Corp (MCK, Financial), executed a sale of 483 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 0 shares of McKesson Corp.

McKesson Corp, a global leader in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information technology, has seen a variety of insider transactions over the past year. Notably, there have been 25 insider sells and 0 insider buys during this period.

Shares of McKesson Corp were priced at $585.88 on the day of the transaction. The company currently holds a market cap of approximately $76.86 billion. The price-earnings ratio stands at 26.42, which is above both the industry median of 17.635 and the company's historical median.

The GF Value of McKesson Corp is $472.06, suggesting that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.24.

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The GF Value is calculated considering historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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This sale by Maria Martinez marks a significant change in her holdings in McKesson Corp, reducing her stake to zero. This transaction follows a pattern of insider selling at the company, with no insider purchases recorded over the past year.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.