Perrigo Company PLC
NYSE:PRGO
During the last 3 months Perrigo Company PLC insiders have not bought any shares, and sold 497.5k USD worth of shares. The stock price has dropped by 3% over this period ( loading = false, 5000)" href="https://www.alphaspread.com/comparison/nyse/prgo/vs/indx/gspc">open performance analysis).
The last transaction was made on Dec 9, 2024 by Kindler Jeffrey B (Executive Vice President and President of the Consumer Self-Care International segment) , who sold 497.5k USD worth of PRGO shares.
During the last 3 months Perrigo Company PLC insiders have not bought any shares, and sold 497.5k USD worth of shares. The stock price has dropped by 3% over this period ( loading = false, 5000)" href="https://www.alphaspread.com/comparison/nyse/prgo/vs/indx/gspc">open performance analysis).
The last transaction was made on Dec 9, 2024 by Kindler Jeffrey B (Executive Vice President and President of the Consumer Self-Care International segment) , who sold 497.5k USD worth of PRGO shares.
Perrigo Company PLC
Glance View
Perrigo Company PLC, a stalwart in the pharmaceutical and healthcare sectors, has carved a niche by specializing in over-the-counter (OTC) health and wellness products. This Dublin-based company traces its origins back to 1887, in Allegan, Michigan, where it began as a modest packager of home remedies. Over the decades, Perrigo has evolved into a global powerhouse that provides affordable and quality healthcare products, distributing them across various markets around the world. Its strategy hinges on delivering effective OTC solutions and a wide array of consumer self-care products, making it a familiar presence in households seeking reliable alternatives to more expensive brand-name pharmaceuticals. Perrigo's business model is centered on offering value to both consumers and retailers. By producing generic versions of well-known drugs, it captures a significant share of the market driven by cost-conscious customers. This approach also involves collaborating with retail giants to supply their private label OTC medications, a mutually beneficial arrangement that allows retailers to offer lower-cost alternatives under their own brands while maintaining healthy margins. Beyond just OTC medications, Perrigo has expanded its offerings to include nutritional products and topical solutions, further diversifying its portfolio and revenue streams. The company's consistent investment in innovation and keen attention to regulatory compliance underscore its commitment to quality and safety, attributes that resonate well in an industry guided by trust and efficacy.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.