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CEO’s Bold Move: Major Stock Purchase in Perrigo Company

CEO’s Bold Move: Major Stock Purchase in Perrigo Company

New insider activity at Perrigo Company ( (PRGO) ) has taken place on August 8, 2025.

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CEO Patrick Lockwood-Taylor has made a significant investment in Perrigo Company by purchasing 4,460 shares of its stock, valued at $99,733.

Recent Updates on PRGO stock

Perrigo Company recently reported its Q2 2025 earnings, revealing a slight decrease in net sales by 0.9% year-over-year, attributed to divestitures and exited products, despite favorable currency translation. The company saw improvements in operating income and adjusted EPS, driven by lower interest expenses. Key developments include a strategic divestment of its Dermacosmetics business for up to EUR 327 million to focus on core operations and accelerate net leverage goals. The company reaffirmed its full-year EPS outlook, reflecting confidence in sustained financial growth despite challenges in the infant formula sector and a soft consumer environment. Canaccord analyst Susan Anderson adjusted the price target for Perrigo, citing the company’s limited tariff exposure, potential benefits from trade down, new contract wins in PL OTC, and strong European business as factors supporting the firm’s expectations. The company’s strategic initiatives, including Project Energize and supply chain reinvention, are expected to deliver significant cost savings, underscoring Perrigo’s commitment to operational efficiency.

Spark’s Take on PRGO Stock

According to Spark, TipRanks’ AI Analyst, PRGO is a Neutral.

Perrigo’s overall stock score is primarily influenced by its financial performance challenges, including revenue growth and profitability issues. Technical analysis indicates bearish momentum, further impacting the score. However, the earnings call provided some positive insights, such as EPS growth and strategic initiatives, which slightly offset the negative aspects. The valuation score reflects the company’s current unprofitability, but the dividend yield offers some investor value.

To see Spark’s full report on PRGO stock, click here.

More about Perrigo Company

YTD Price Performance: -9.33%

Average Trading Volume: 1,247,725

Technical Sentiment Signal: Strong Sell

Current Market Cap: $3.25B

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