{
  "id": 564009,
  "title": "Charles River Labs SVP Michael Knell sells $1.73m in stock",
  "url": "https://urgent.news/2026/08/11/charles-river-labs-svp-michael-knell-sells-1-73m-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T12:31:12.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/charles-river-labs-svp-michael-knell-sells-173m-in-stock-93CH-4851564"
  },
  "original_language": "en",
  "account": "Michael Knell, Senior Vice President of Finance and Chief Accounting Officer at Charles River Laboratories International, sold 6,645 shares of the company's stock on August 6, 2026, amounting to around $1.73 million. The shares were sold at prices between $258.53 and $265.17 per share, as Charles River Labs' stock is trading near its 52-week high of $277.07, following an 86% return in the past year. Mr. Knell also bought 2,345 shares through stock options on the same day, spending about $459,909 at prices ranging from $179.66 to $208.44 per share. Currently, he holds 11,852 shares of Charles River Laboratories International common stock. Charles River Laboratories recently reported strong second-quarter 2026 earnings and revenue, exceeding Wall Street expectations. The company's adjusted earnings per share were $3.02, surpassing the forecast of $2.74, and revenue reached $1 billion, surpassing the anticipated $976.13 million. Following these results, Charles River Labs raised its full-year outlook. Analyst firms have responded positively to these developments, with TD Cowen raising its price target to $300, JPMorgan upgrading the stock rating to Overweight, and Evercore ISI also raising its price target. These upgrades reflect growing confidence in Charles River Labs' performance and future prospects.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Rambus director Charles Kissner sells $504,600 in common stock",
        "url": "https://urgent.news/2026/08/11/rambus-director-charles-kissner-sells-504-600-in-common-stock",
        "published": "2026-08-11T02:01:29.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}