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Citigroup Inc. Sells 29,736 Shares of Labcorp Holdings Inc. $LH
Citigroup Inc. reduced its stake in Labcorp Holdings Inc. by 31.4%, selling 29,736 shares and holding 64,828 shares valued at $18.61 million. This sale aligns with recent insider selling activities, including CEO Adam H. Schechter, although analysts maintain a “Moderate Buy” rating with a consensus target price of $304.42. Labcorp recently beat EPS estimates, slightly missed revenue, and declared a quarterly dividend of $0.72 per share.