Mckesson Corporation’s recently made public that its Chief Executive Officer TYLER BRIAN S. unloaded Company’s shares for reported $5.68 million on Mar 06 ’25. In the deal valued at $634.24 per share,8,962 shares were sold. As a result of this transaction, TYLER BRIAN S. now holds 42,741 shares worth roughly $27.8 million.
Then, TYLER BRIAN S. bought 8,962 shares, generating $5,684,059 in total proceeds.
Before that, TYLER BRIAN S. sold 8,961 shares. Mckesson Corporation shares valued at $5,591,664 were divested by the Chief Executive Officer at a price of $624.00 per share. As a result of the transaction, TYLER BRIAN S. now holds 51,703 shares, worth roughly $33.63 million.
A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “an Outperform”. Robert W. Baird also remained covering MCK and has decreased its forecast on September 24, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Leerink Partners maintained its rating on September 05, 2024. It rated MCK as “an Outperform”.
Price Performance Review of MCK
On Friday, Mckesson Corporation [NYSE:MCK] saw its stock jump 1.05% to $650.43. Over the last five days, the stock has gained 0.96%. Mckesson Corporation shares have risen nearly 14.13% since the year began. Nevertheless, the stocks have risen 22.44% over the past one year. While a 52-week high of $663.61 was reached on 03/10/25, a 52-week low of $464.42 was recorded on 01/02/25. SMA at 50 days reached $607.25, while 200 days put it at $573.77.
Levels Of Support And Resistance For MCK Stock
The 24-hour chart illustrates a support level at 642.44, which if violated will result in even more drops to 634.44. On the upside, there is a resistance level at 655.16. A further resistance level may holdings at 659.88. The Relative Strength Index (RSI) on the 14-day chart is 63.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.21%. Stochastics %K at 71.67% indicates the stock is a holding.
How much short interest is there in Mckesson Corporation?
A steep rise in short interest was recorded in Mckesson Corporation stocks on 2025-02-28, growing by 0.36 million shares to a total of 1.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.49 million shares. There was a rise of 19.36%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 08, 2024 when Mizuho resumed its ‘”a Neutral”‘ rating for the stock and retained the price target to $570.
