McKesson director Bradley Lerman sells $268,589 in shares

McKesson Corp. (NYSE:MCK) director Bradley E. Lerman divested himself of 301 shares of the company's common stock on August 10, 2026, selling them at a price of $892.325 per share. This transaction was valued at $268,589, leaving Mr. Lerman with no remaining McKesson common stock holdings. Concurrently, McKesson stock exhibited robust performance, with a 29.6% gain over the previous year.

As of the current market price of $869, the company's stock boasts a market capitalization of $101.3 billion. InvestingPro analysis suggests the stock may be undervalued, boasting a P/E ratio of 23.15 that is favorable relative to anticipated earnings growth. Further information on MCK's valuation is available for $14 through InvestingPro.

In other company news, McKesson recently reported first-quarter fiscal 2027 results that surpassed expectations, with adjusted earnings per share at $9.93, outpacing analyst estimates of $9.64. Revenue also exceeded forecasts, reaching $105.38 billion. Following this positive performance, McKesson increased its full-year earnings outlook.

Additionally, Wells Fargo has upgraded its price target for McKesson to $933 from $812, maintaining an Equal Weight rating. This adjustment reflects an anticipated growth of 13.9% through 2027, 12.0% in 2028, and 12.1% in 2029, as projected by Evercore's recent analysis.