Cencora's 3.05% Surge on 322nd-Ranked $320M Volume Amid Insider Sales and Institutional Buy-In

On August 20, 2025, Cencora (COR) rose 3.05% with a trading volume of $320 million, ranking 322nd on the day. The stock’s performance coincided with insider activity and institutional investor updates. Steven Collis, Cencora’s Executive Chairman, sold 14,579 shares at $289.98 under a Rule 10b5-1 trading plan adopted in November 2024. Post-transaction, he retained 307,912.665 shares, reflecting continued alignment with long-term stakeholder interests.

Institutional confidence in Cencora grew as Wellington Management Group increased its holdings by 7.2%, adding 363,402 shares to own 2.80% of the company, valued at $1.51 billion. This followed a quarterly dividend declaration of $0.55 per share, yielding 0.8% annually. Analysts also revised upward target prices, with a consensus "Moderate Buy" rating and an average price target of $311.25, driven by recent earnings outperformance and strategic clarity.

Cencora reported Q3 fiscal 2025 results on August 6, exceeding EPS estimates by $0.21 and achieving $80.66 billion in revenue, up 8.7% year-over-year. The company’s P/E ratio of 30.17 and market cap of $56.86 billion highlight its premium valuation relative to peers. Insider sales, including Collis’s July 22 transaction of 14,578 shares at $292.67, accounted for 4.49% of his holdings but did not disrupt broader investor sentiment.

A backtest of a strategy buying the top 500 stocks by daily volume and holding for one day from 2022 to present showed a total profit of $2,385.14, reflecting moderate returns with steady growth over the past year.