Labcorp CEO Schechter sells $1.5m in shares

Published 13/11/2025, 14:54
Labcorp CEO Schechter sells $1.5m in shares

Labcorp Holdings Inc (NYSE:LH) President and CEO Adam H. Schechter sold 5,745 shares of common stock on November 11, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $262.75, for a total transaction value of approximately $1.5 million.

Following the transaction, Schechter directly owns 87,574 shares of Labcorp Holdings Inc. The sale was executed pursuant to a Rule 10b5-1 trading plan.

In other recent news, Laboratory Corporation of America reported strong financial results for the third quarter of 2025. The company’s adjusted earnings per share (EPS) came in at $4.18, slightly surpassing analysts’ expectations of $4.13, representing a positive surprise of 1.21%. Revenue for the quarter was $3.6 billion, which was in line with forecasts. Despite these solid earnings, the company’s stock experienced a decline, possibly due to broader market conditions or concerns about future challenges. In light of these developments, Leerink Partners reiterated its Outperform rating on LabCorp, maintaining a price target of $342.00. The firm views the recent stock weakness as a buying opportunity, describing LabCorp as a "durable compounder" with improving growth drivers. These recent updates provide investors with a clearer picture of LabCorp’s current financial standing and market perception.

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