Cardinal Health (CAH) News Today

Shares of Cardinal Health, Inc. (NYSE:CAH) have come under pressure following a flurry of insider stock sales, although the company continues to reward shareholders with its quarterly dividend. Key developments from the past 24–36 hours are outlined below:

• Positive Sentiment: Cardinal Health declared a quarterly dividend of $0.5107 per share, reinforcing its commitment to returning capital to investors. Cardinal Health Will Pay A Dividend Of $0.5107
• Neutral Sentiment: An American Banking News analysis contrasts Cardinal Health’s scale and diversification with smaller peer Avitar, highlighting CAH’s broader product portfolio and revenue base. Contrasting Cardinal Health & Avitar
• Negative Sentiment: CEO Jason M. Hollar sold 35,901 shares at an average price of $150.04 on August 20, reducing his stake by 15.22% for proceeds of about $5.4 million. Jason M. Hollar Sells Shares
• Negative Sentiment: CAO Mary Scherer sold 6,766 shares at $149.25 on August 19, decreasing her position by 65.55% with proceeds of roughly $1 million. Mary Scherer Sells 6,766 Shares
• Negative Sentiment: Insider Michelle Greene sold 13,500 shares at $148.82 on August 19, cutting her ownership by 47.41% and raising about $2 million. Insider Selling: 13,500 Shares
• Negative Sentiment: Insider Ola Snow sold 28,151 shares at $148.94 on August 19, trimming her stake by 64.59% for proceeds of approximately $4.2 million. Ola Snow Sells 28,151 Shares
• Negative Sentiment: Jessica Mayer sold 38,078 shares at $148.82 on August 19, lowering her holding by 44% and netting about $5.7 million. Insider Sells $5,666,767.96
• Negative Sentiment: CEO Stephen Mason sold 41,575 shares at $148.82 on August 19, reducing his position by 61.45% with proceeds of about $6.2 million. Stephen Mason Sells 41,575 Shares
• Negative Sentiment: CEO Jason Hollar sold an additional 107,705 shares at $148.90 on August 19, cutting his stake by 31.35% for proceeds of about $16 million. Jason Hollar Sells 107,705 Shares