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Pinnbrook Capital Management LP Purchases New Holdings in Merck & Co., Inc. $MRK
Pinnbrook Capital Management LP has acquired a new stake of 11,925 shares in Merck & Co., Inc. worth approximately $1.00 million during the third quarter. Merck (NYSE: MRK) recently exceeded quarterly earnings estimates and provided optimistic FY 2026 guidance, leading to a “Moderate Buy” consensus rating from analysts with an average price target of $126.81. While institutional ownership remains high at 76.07%, insiders have sold a significant amount of shares totaling $38.3 million over the past 90 days.