Stratos Wealth Partners LTD. increased its stake in Merck & Co., Inc. by 16.3% in the third quarter, acquiring 26,639 additional shares to hold a total of 190,425 shares. This announcement comes amid strong quarterly earnings for Merck, beating analyst estimates, and the declaration of a quarterly dividend. However, significant insider selling has also been noted, with executives selling shares worth millions, potentially signaling negative short-term sentiment.
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Stratos Wealth Partners LTD. Acquires 26,639 Shares of Merck & Co., Inc. $MRK
Stratos Wealth Partners LTD. increased its stake in Merck & Co., Inc. by 16.3% in the third quarter, acquiring 26,639 additional shares to hold a total of 190,425 shares. This announcement comes amid strong quarterly earnings for Merck, beating analyst estimates, and the declaration of a quarterly dividend. However, significant insider selling has also been noted, with executives selling shares worth millions, potentially signaling negative short-term sentiment.