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Michelle D. Greene, Chief Information Officer of Cardinal Health (NYSE:CAH), a prominent player in the Healthcare Providers & Services industry with a market capitalization of $35.6 billion, sold 13,500 shares of company stock on August 19, 2025, for approximately $2 million. The sales occurred in multiple transactions with prices ranging from $148.76 to $149.28. According to InvestingPro data, the stock has delivered a strong 38% return over the past year and currently appears undervalued based on its Fair Value analysis.
According to a Form 4 filing with the Securities and Exchange Commission, Greene sold 11,994 shares at a weighted average price of $148.76 and 1,506 shares at a weighted average price of $149.28. Following these transactions, Greene directly owns 14,976 shares of Cardinal Health. The company maintains a "GOOD" overall financial health score according to InvestingPro analysis, with strong cash flows and a 43-year history of consistent dividend payments.
On August 15, Greene also acquired 3,476 shares of Cardinal Health stock as part of a restricted share unit grant that vests in three equal annual installments beginning on August 15, 2026. Additionally, 9,968 shares were withheld to cover tax obligations related to the vesting of restricted share units and performance share units, valued at $150.22 per share for a total of $1,497,392. Analysts maintain a positive outlook on the stock, with a consensus high target of $203. Get comprehensive insights and access to Cardinal Health’s full Pro Research Report, along with 12 additional ProTips, by subscribing to InvestingPro.
In other recent news, Cardinal Health reported its fourth-quarter earnings for fiscal 2025, revealing a mixed financial performance. The company achieved an earnings per share (EPS) of $2.08, slightly exceeding analyst expectations of $2.03. However, revenue fell short, coming in at $60.2 billion compared to the anticipated $60.92 billion. Additionally, Cardinal Health announced a $1 billion public offering of senior notes, divided into $600 million at 4.500% due in 2030 and $400 million at 5.150% due in 2035. This offering is underwritten by firms including Goldman Sachs, BofA Securities, and Wells Fargo (NYSE:WFC) Securities. In another development, the Board of Directors approved a quarterly dividend of $0.5107 per share, payable on October 15, 2025, to shareholders of record as of October 1, 2025. These recent developments highlight Cardinal Health’s ongoing financial strategies and shareholder returns.
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