McKessons Stock Rises 063% Despite 35% Volume Drop Ranking 172nd in Market Activity as Institutions Buy and Insiders Sell Shares

On August 11, 2025, McKesson (MCK) traded with a volume of $560 million, a 35.05% decline from the previous day, ranking 172nd in market activity. The stock closed up 0.63% amid mixed institutional and insider activity.

Citigroup Inc. significantly increased its stake in McKesson during Q1, boosting holdings by 107.8% to 140,058 shares valued at $94.26 million. Other institutional investors, including T. Rowe Price and UBS, also raised positions, with GAMMA Investing LLC adding 2.39 million shares in the first quarter. However, insiders sold shares, including EVP Leann B. Smith and CFO Britt J. Vitalone, reducing their holdings by 32.26% and 30.03%, respectively, totaling $37.24 million in insider sales over 90 days.

Analyst optimism remained strong, with Bank of America raising its price target to $800 and maintaining a "buy" rating. Morgan Stanley and Cowen also reiterated positive outlooks, while Evercore ISI and Wells Fargo adjusted targets upward. Despite a recent EPS miss of $0.07, McKesson reported $97.83 billion in quarterly revenue, exceeding estimates. The company also announced a quarterly dividend increase to $0.82 per share, up from $0.71, reflecting a 15.5% year-over-year hike.

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