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Merck & Co., Inc. (NYSE:MRK) SVP Sells $765,888.00 in Stock
Merck & Co., Inc. (NYSE:MRK) SVP Dalton Smart III sold 6,400 shares of the company’s stock for $765,888.00 on February 4th, reducing his direct ownership by over 43%. The company recently posted strong Q4 earnings, topping analyst estimates with $2.04 EPS and $16.40 billion in revenue, and announced a quarterly dividend of $0.85 per share. Analysts generally rate the stock as a “Hold” with an average target price of $119.53, though concerns exist regarding recent significant insider selling by multiple high-level executives.