Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Mckesson Corporation shares valued at $704,300 were sold by Rutledge Napoleon B JR on May 27 ’25. At $714.30 per share, Rutledge Napoleon B JR sold 986 shares. The insider’s holdings dropped to 1,081 shares worth approximately $0.77 million following the completion of this transaction.
Also, Rutledge Napoleon B JR sold 63 shares, netting a total of over 45,060 in proceeds. Following the sale of shares at $715.24 each, the insider now holds 2,067 shares.
Before that, Smith LeAnn B had sold 161 shares from its account. In a trade valued at $115,154, the EVP & Chief HR Officer traded Mckesson Corporation shares for $715.24 each. Upon closing the transaction, the insider’s holdings decreased to 161 shares, worth approximately $2.04 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 -0.98%. Over the course of the year, Mckesson Corporation shares have jumped approximately 24.95%. Shares of the company reached a 52-week high of $731.00 on 05/20/25 and a 52-week low of $565.75 on 01/02/25.
Support And Resistance Levels for Mckesson Corporation (MCK)
According to the 24-hour chart, there is a support level at 708.57, which, if violated, would cause prices to drop to 705.02. In the upper region, resistance lies at 718.59. The next price resistance is at 725.05. RSI (Relative Strength Index) is 54.32 on the 14-day chart, showing neutral technical sentiment.
