Premier director John T. Bigalke sells $26,185 in stock

Published 05/06/2025, 16:00
Premier director John T. Bigalke sells $26,185 in stock

In a recent transaction, John T. Bigalke, a director at Premier, Inc. (NASDAQ:PINC), sold 1,137 shares of Class A Common Stock on June 4, 2025. The stock has shown remarkable momentum, gaining over 28% in the past year and currently trading near its 52-week high of $23.56. According to InvestingPro analysis, Premier appears slightly undervalued based on its Fair Value estimates. The shares were sold at a price of $23.03 each, amounting to a total value of $26,185. Following this transaction, Bigalke holds 28,673 shares in the company. The sale was conducted under a Rule 10b5-1 trading plan, which was adopted on February 27, 2024. While this insider sale occurs, InvestingPro data reveals that management has been actively buying back shares, and the stock generally trades with low price volatility. Subscribers can access 12 additional ProTips and a comprehensive Pro Research Report for deeper insights into Premier’s financial health and market position.

In other recent news, Premier Inc . has reported its fiscal third-quarter earnings for 2025, surpassing analyst expectations. The company achieved an adjusted earnings per share (EPS) of $0.46, significantly higher than the forecasted $0.30, and reported revenue of $261.4 million, exceeding the anticipated $240.45 million. Alongside these results, Premier has increased its adjusted EBITDA guidance by $6 million and its adjusted EPS guidance by $0.10. Piper Sandler responded to these developments by raising Premier’s stock price target from $19 to $24, maintaining a Neutral rating. The firm found the company’s improved consolidated adjusted EBITDA guidance of $251 million encouraging. Premier’s strong performance was supported by robust purchasing volume and Net Administrative Fee Revenue, despite a year-over-year decline in net revenue by $25 million. Additionally, Premier announced a strategic partnership with Epic and is investing in AI-enabled technologies to enhance its service offerings. As Premier continues to expand its advisory capabilities, it remains focused on organic investments and potential acquisitions to drive future growth.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.