Walgreens Boots Alliance Sells $264M Worth of $COR Shares

Insider Sale: Walgreens Boots Alliance has sold over $264 million in $COR shares, raising concerns among investors about future performance. With no purchases from insiders, these moves may influence stock prices and investor sentiment.

Date: 11-02-2025

AI Rating: 4

Insider Trading Activity
Boots Alliance, Inc. Walgreens has sold $264,531,701 worth of $COR shares, which constitutes about 5.4% of their holdings. This heavy selling activity by a key owner, without any purchases, could signal a lack of confidence in the company's future prospects. Over the past six months, $COR insiders have not made any purchases, having executed only sales, indicating a potentially bearish outlook.

Hedge Fund Activity
In addition to insider sales, significant moves by institutional investors further paint a cautious picture. Recent quarter data shows that 576 institutional investors added shares, while 497 decreased their positions. Notably, Walgreens Boots Alliance removed a substantial 4,438,171 shares (-18.2%), alongside other major players like Bank of America and BlackRock also reducing their stakes. The overall sentiment appears mixed, as some funds are buying in while many are selling off.

The combination of insider selling and various institutional investors, especially influential ones, decreasing their positions can lead to a negative perception about the company's future in the market.

Stocks: $COR WBA