Merck & Co., Inc. (NYSE:MRK) EVP Richard Deluca Sells 20,784 Shares of Stock
Richard Deluca, EVP at Merck & Co., Inc. (NYSE:MRK), sold 20,784 shares of the company's stock for approximately $2.71 million, reducing his direct ownership by 13.37%. This sale follows Merck's strong financial performance, with quarterly revenue exceeding analyst expectations and a declared quarterly dividend of $0.85 per share. Analysts generally maintain a "Moderate Buy" rating for Merck, with an average price target of $135.50.
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