Recent Insider Activity Suggests Potential Gains for Cencora Inc (COR)

Cencora Inc’s recent filing unveils that its SVP & Chief Accounting Officer Krikorian Lazarus unloaded Company’s shares for reported $0.87 million on May 29 ’25. In the deal valued at $288.96 per share,3,000 shares were sold. As a result of this transaction, Krikorian Lazarus now holds 17,154 shares worth roughly $5.07 million.

Then, Krikorian Lazarus bought 3,000 shares, generating $866,881 in total proceeds.

Before that, Mauch Robert P. sold 4,969 shares. Cencora Inc shares valued at $1,448,116 were divested by the President & CEO at a price of $291.43 per share. As a result of the transaction, Mauch Robert P. now holds 45,838 shares, worth roughly $13.55 million.

Wells Fargo upgraded its Cencora Inc [COR] rating to an Overweight from a an Equal weight in a research note published recently. BofA Securities also remained covering COR and has decreased its forecast on September 18, 2024 with a “Neutral” recommendation from previously “Buy” rating. Leerink Partners started covering the stock on February 26, 2024. It rated COR as “an Outperform”.

Price Performance Review of COR

On Friday, Cencora Inc [NYSE:COR] saw its stock jump 0.17% to $295.54. Over the last five days, the stock has gained 2.28%. Cencora Inc shares have risen nearly 31.54% since the year began. Nevertheless, the stocks have risen 27.05% over the past one year. While a 52-week high of $309.35 was reached on 05/07/25, a 52-week low of $218.65 was recorded on 01/02/25.

Levels Of Support And Resistance For COR Stock

The 24-hour chart illustrates a support level at 293.52, which if violated will result in even more drops to 291.50. On the upside, there is a resistance level at 297.25. A further resistance level may holdings at 298.96.

How much short interest is there in Cencora Inc?

A steep rise in short interest was recorded in Cencora Inc stocks on 2025-05-30, dropping by 63252.0 shares to a total of 6.57 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 6.63 million shares. There was a decline of -0.96%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 03, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $242 price target.

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