Perrigo (PRGO) Insider Geoffrey Parker Sells 976 Shares

On June 12, 2026, Geoffrey Parker sold 976 shares of PRGO. This transaction was not planned, and the shares were sold without a specified average price. At the time of this insider activity, PRGO shares were trading near $10.70.

What Changed in Geoffrey Parker's PRGO Position

Geoffrey Parker reduced his holding in PRGO by 976 shares. This sale was part of his recent transactions on June 12, 2026. The transaction was not part of a prearranged trading plan, commonly known as a Rule 10b5-1 plan.

Other Institutional Activity in PRGO

Several institutional investors have been adjusting their positions in PRGO. BlackRock, Inc. increased its holdings by 526,661 shares, ending with 17,120,084 shares valued at approximately $183.9 million. On the other hand, Price T Rowe Associates significantly reduced its position by 4,197,451 shares, leaving it with 13,376,776 shares worth about $143.7 million. Neuberger Berman Group added 2,924,771 shares, bringing its total to 10,460,080 shares valued at around $112.3 million. Vanguard Portfolio Management acquired 8,141,919 shares, matching its total holdings to the same number, valued at $87.4 million. Fuller & Thaler Asset Management trimmed its stake by 161,876 shares, holding 7,662,883 shares worth about $82.3 million.

Perrigo Company plc Stock Down 21.1%

Shares of PRGO traded near $10.70. The stock's performance includes a 52-week range that investors watch closely for any significant price movements. Institutional activities and insider transactions often provide insights into the stock's potential direction.

Insider Buying and Selling at Perrigo Company plc

In addition to Geoffrey Parker's sale, insider activity included Bradley Alford, who sold 469 shares at an average price of $10.99 on June 12, 2026. Both insiders' transactions were not part of any prearranged trading plans, indicating discretionary trades.

Analysts Set New Price Targets

Analysts have been active in setting price targets for PRGO. On February 27, 2026, Canaccord Genuity maintained a 'buy' rating with a $17 target. JP Morgan maintained a 'hold' rating with an $18 target on December 15, 2025. Jefferies also maintained a 'hold' rating with a $23 target on October 27, 2025. These ratings provide a range of perspectives on PRGO's expected performance.

Bottom Line

Geoffrey Parker's sale of PRGO shares is part of ongoing insider activity that investors track for potential signals. While insider sales can be routine, they are closely watched by the market for any indication of insider sentiment. Institutional investors have made significant changes to their holdings, which could influence PRGO's market dynamics. As always, these insights are based on past filings and may not reflect current positions.