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Raleigh Capital Management Inc. Sells 11,248 Shares of Labcorp Holdings Inc. $LH
Raleigh Capital Management Inc. significantly reduced its stake in Labcorp Holdings Inc. (NYSE:LH) by 98.7% in the fourth quarter, selling 11,248 shares and retaining only 145 shares valued at $36,000. Company insiders also sold 16,113 shares totaling approximately $4.55 million. Despite this, institutional investors hold a substantial 95.94% of the stock, and Labcorp reported strong Q4 EPS while receiving a “Moderate Buy” consensus from analysts with an average price target of $307.70.