Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mckesson Corporation shares valued at $5,684,059 were sold by TYLER BRIAN S. on Mar 06 ’25. At $634.24 per share, TYLER BRIAN S. sold 8,962 shares. The insider’s holdings dropped to 42,741 shares worth approximately $28.34 million following the completion of this transaction.
Also, TYLER BRIAN S. purchased 8,962 shares, netting a total of over 5,684,059 in proceeds.
Before that, TYLER BRIAN S. had sold 8,961 shares from its account. In a trade valued at $5,591,664, the Chief Executive Officer traded Mckesson Corporation shares for $624.00 each. Upon closing the transaction, the insider’s holdings decreased to 8,961 shares, worth approximately $34.28 million.
Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early November. As of September 24, 2024, Robert W. Baird has decreased its “an Outperform” rating to a “Neutral” for MCK. Earlier on September 05, 2024, Leerink Partners resumed its rating. Their recommendation was “an Outperform” for MCK stock.
Analyzing MCK Stock Performance
During the last five days, there has been a drop of approximately -0.12%. Over the course of the year, Mckesson Corporation shares have jumped approximately 16.34%. Shares of the company reached a 52-week high of $670.79 on 03/21/25 and a 52-week low of $565.75 on 01/02/25. A 50-day SMA is recorded $620.43, while a 200-day SMA reached $577.50.
Support And Resistance Levels for Mckesson Corporation (MCK)
According to the 24-hour chart, there is a support level at 658.61, which, if violated, would cause prices to drop to 654.19. In the upper region, resistance lies at 668.65. The next price resistance is at 674.27. RSI (Relative Strength Index) is 65.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.30, which suggests the price will increase in the coming days. Percent R is at 20.85%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
