Perrigo director Parker buys $100k in company stock

Director Geoffrey M. Parker of PERRIGO Co plc (NYSE:PRGO) has recently purchased 4,375 ordinary shares of the company’s stock at $22.9708, according to a Form 4 filing with the Securities and Exchange Commission. The purchase comes at an opportune time, as InvestingPro analysis indicates the stock is currently undervalued, with the company maintaining a healthy 5% dividend yield and strong financial health metrics.

The transaction, which occurred on August 18, 2025, amounted to a total investment of $100497. According to InvestingPro, PERRIGO demonstrates strong liquidity with a current ratio of 2.32, and analysts project profitability for the current fiscal year. Following the purchase, Parker directly owns 33287 shares of PERRIGO Co plc. Additionally, Parker indirectly owns 25879 shares through a revocable trust where Geoffrey Parker and Jill Parker are the trustees, and 5500 shares through a Geoffrey M. Parker Roth IRA. For deeper insights into PERRIGO’s valuation and financial health, including 8 additional ProTips, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Perrigo Company plc reported its second-quarter earnings, which slightly missed analyst expectations. Despite the challenging market conditions, the company has reaffirmed its full-year outlook. This announcement led to a positive market reaction, with shares seeing a rise in pre-market trading. The company’s decision to maintain its guidance indicates confidence in its ability to navigate the current economic environment. Analysts had set certain expectations for Perrigo’s earnings, which were not fully met in this quarter. However, the reaffirmation of the annual forecast suggests stability in its longer-term performance. These developments are part of the company’s ongoing efforts to manage market challenges effectively.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.