Microvast Holdings announces departure of chief financial officer
In a recent transaction reported to the Securities and Exchange Commission, LeAnn B. Smith, Executive Vice President and Chief Human Resources Officer of McKesson Corp (NYSE:MCK), sold 341 shares of the company’s common stock. The healthcare services giant, currently valued at $89 billion, has demonstrated strong momentum with a 25% gain year-to-date, according to InvestingPro data. The shares were sold at a price of $717.91 each, totaling approximately $244,807. Following this transaction, Smith retains ownership of 2,800 shares in the company. The sale was conducted under a pre-established trading plan, compliant with Rule 10b5-1(c), which was adopted on September 9, 2024. With the stock trading near its 52-week high and analysts maintaining a bullish consensus, InvestingPro rates McKesson’s overall financial health as "GREAT" with 14 additional key insights available to subscribers.
In other recent news, McKesson Corporation has reported notable developments in its financial and strategic operations. The company achieved a strong fiscal fourth quarter, with earnings per share (EPS) exceeding Wall Street expectations by 3%. However, revenue for Q3 2025 fell short of forecasts, reaching $90.82 billion compared to the anticipated $93.48 billion. McKesson has also issued guidance for fiscal 2026, projecting revenue growth of 11% to 15% and an EPS range of $36.05 to $37.55. Jefferies analyst Rob Dickerson raised McKesson’s stock target to $800 and maintained a Buy rating, citing the company’s appealing valuation and robust earnings performance. The company continues to enhance its strategic position through acquisitions, such as controlling interests in Prism Vision and pending acquisitions in CORE Ventures. McKesson plans to separate its Medical (TASE:BLWV) Surgical segment into an independent entity to improve focus and operational efficiency. Despite some investor concerns over revenue shortfalls, McKesson’s management remains optimistic about its growth trajectory and financial health.
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