What to Know About the Latest Sale From Cardinal Health's Chief Accounting Officer
Mary C. Scherer reduced her direct equity but retains 2,811 shares after the stock delivered a 58% return over the past year.
Overview
Mary C. Scherer, the chief accounting officer of the firm, sold 2,302 shares of Cardinal Health, Inc. (NYSE:CAH) on August 19, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($237.39); post-transaction value based on the August 19 market close ($234.85).
Details
Cardinal Health is one of the largest healthcare services and products companies globally, with a presence spanning multiple continents and serving tens of thousands of employees. The company maintains a competitive advantage through its extensive distribution infrastructure, integrated service offerings, and deep relationships with healthcare providers across multiple care settings. With TTM revenue of $254.2 billion and a market capitalization of $55.0 billion, Cardinal Health represents a critical intermediary in the global healthcare supply chain.
Source
Originally published at www.fool.com.