LabCorp’s stock hit a new 52-week low today after posting less than expected sales and profits. Even LabCorp supporting analysts downgraded the stock. Here’s one headline from MarketWatch “S&P DOWNGRADES OPINION ON SHARES OF LABCORP OF AMERICA…” Here’s another one “Laboratory Corp. Of America Holdings’ second-quarter net income fell 19% on restructuring costs as the lab-services provider lowered its 2008 outlook.”
At one point during the day LH stock was down almost $7, losingĀ over 10% of the company’s market value. Laboratory Corporation of America’s stock trades on the New York Stock Exchange under the symbol LH.
Tags: labcorp, LabCorp Stock, laboratory Corporation of America, LH Stock, NYSE:LH
Laboratory Corporation of America Insiders Selling (NYSE: LH)
Here’s an interesting list of the most recent insider transactions for Laboratory Corporation of America, LabCorp. This is as of August 5, 2008. It seems that the top brass is dumping their LH stock.
Insider Sentiment
There has been no insider purchase of LH stock within the last year. In fact, there has been only one insider purchase ever, when WATSON CRAIG M purchased 143 shares on August 4, 2004.
Insider Transaction History
INSIDER TRANSACTIONS REPORTED
Date – Insider Name – Shares Sold – Sale Type – $ Per Share – Total Value of Shares Sold
28-May-08 KING DAVID P
Officer 136 Direct Automatic Sale at $74.40 per share. $10,118
28-May-08 KING DAVID P
Officer 6,400 Direct Automatic Sale at $74.41 – $74.97 per share. $478,0002
28-May-08 KING DAVID P
Officer 5,700 Direct Automatic Sale at $74.85 – $75.37 per share. $428,0002
19-May-08 BELINGARD JEAN-LUC
Director 63 Direct Disposition (Non Open Market) at $75.93 per share. $4,783
16-May-08 BELINGARD JEAN-LUC
Director 22 Direct Disposition (Non Open Market) at $76.08 per share. $1,673
11-Apr-08 WALTON ANDREW SCOTT
Officer 312 Direct Disposition (Non Open Market) at $74.74 per share. $23,318
26-Mar-08 WALTON ANDREW SCOTT
Officer 4,169 Direct Disposition (Non Open Market) at $74.50 per share. $310,590
26-Mar-08 MILLER BENJAMIN R
Officer 7,008 Direct Disposition (Non Open Market) at $74.50 per share. $522,096
26-Mar-08 HAYES WILLIAM B
Officer 16,716 Direct Disposition (Non Open Market) at $74.50 per share. $1,245,342
26-Mar-08 KING DAVID P
Officer 18,052 Direct Disposition (Non Open Market) at $74.50 per share. $1,344,874
26-Mar-08 HAAS WILLIAM
Officer 18,052 Direct Disposition (Non Open Market) at $74.50 per share. $1,344,874
26-Mar-08 SMITH BRADFORD T
Officer 23,958 Direct Disposition (Non Open Market) at $74.50 per share. $1,784,871
26-Mar-08 MAC MAHON THOMAS P
Director 9,500 Direct Automatic Sale at $72.55 – $72.98 per share. $691,0002
26-Mar-08 MAC MAHON THOMAS P
Director 16,021 Direct Automatic Sale at $72.99 – $73.37 per share. $1,172,0002
26-Mar-08 MAC MAHON THOMAS P
Director 12,315 Direct Automatic Sale at $73.38 – $74.02 per share. $908,0002
26-Mar-08 MAC MAHON THOMAS P
Director 98,066 Direct Disposition (Non Open Market) at $74.50 per share. $7,305,917
26-Mar-08 LAI GOLDMAN MYLA
Officer 3,400 Direct Automatic Sale at $72.59 – $72.91 per share. $247,0002
26-Mar-08 LAI GOLDMAN MYLA
Officer 11,373 Direct Automatic Sale at $72.92 – $73.3 per share. $831,0002
26-Mar-08 LAI GOLDMAN MYLA
Officer 9,700 Direct Automatic Sale at $73.31 – $74.02 per share. $715,0002
26-Mar-08 LAI GOLDMAN MYLA
Officer 18,052 Direct Disposition (Non Open Market) at $74.50 per share. $1,344,874
7-Mar-08 WALTON ANDREW SCOTT
Officer 1,846 Direct Sale at $78.22 per share. $144,394
6-Mar-08 MILLER BENJAMIN R
Officer 5,117 Direct Sale at $78.90 – $78.96 per share. $404,0002
3-Mar-08 KING DAVID P
Officer 1,189 Direct Disposition (Non Open Market) at $77.31 per share. $91,921
3-Mar-08 HAAS WILLIAM
Officer 1,189 Direct Disposition (Non Open Market) at $77.31 per share. $91,921
3-Mar-08 MAC MAHON THOMAS P
Director 47,975 Direct Automatic Sale at $76.55 – $76.84 per share. $3,679,0002
3-Mar-08 MAC MAHON THOMAS P
Director 89,298 Direct Automatic Sale at $76.85 – $77.14 per share. $6,875,0002
3-Mar-08 LAI GOLDMAN MYLA
Officer 1,611 Direct Automatic Sale at $77 – $77.55 per share. $124,0002
3-Mar-08 LAI GOLDMAN MYLA
Officer 1,189 Direct Disposition (Non Open Market) at $77.31 per share. $91,921
3-Mar-08 MILLER BENJAMIN R
Officer 239 Direct Disposition (Non Open Market) at $77.31 per share. $18,477
3-Mar-08 HAYES WILLIAM B
Officer 959 Direct Automatic Sale at $77.40 per share. $74,226
3-Mar-08 HAYES WILLIAM B
Officer 709 Direct Disposition (Non Open Market) at $77.31 per share. $54,812
3-Mar-08 SMITH BRADFORD T
Officer 5,700 Direct Automatic Sale at $76.48 – $76.99 per share. $437,0002
3-Mar-08 SMITH BRADFORD T
Officer 15,200 Direct Automatic Sale at $76.67 – $76.98 per share. $1,168,0002
3-Mar-08 SMITH BRADFORD T
Officer 11,162 Direct Automatic Sale at $77 – $77.52 per share. $862,0002
3-Mar-08 SMITH BRADFORD T
Officer 1,522 Direct Disposition (Non Open Market) at $77.31 per share. $117,665
3-Mar-08 MAC MAHON THOMAS P
Director 6,227 Direct Disposition (Non Open Market) at $77.31 per share. $481,409
3-Mar-08 MAC MAHON THOMAS P
Director 26,100 Direct Automatic Sale at $77.15 – $77.42 per share. $2,017,0002
3-Mar-08 MAC MAHON THOMAS P
Director 6,227 Direct Disposition (Non Open Market) at $77.31 per share. $481,409
3-Mar-08 MAC MAHON THOMAS P
Director 21 Direct Acquisition (Non Open Market) at $79.29 per share. $1,665
3-Mar-08 MAC MAHON THOMAS P
Director 7,600 Direct Automatic Sale at $76.44 – $76.54 per share. $581,0002
25-Feb-08 WALTON ANDREW SCOTT
Officer 238 Direct Disposition (Non Open Market) at $79.29 per share. $18,871
25-Feb-08 MILLER BENJAMIN R
Officer 909 Direct Disposition (Non Open Market) at $79.29 per share. $72,074
25-Feb-08 HAYES WILLIAM B
Officer 1,891 Direct Automatic Sale at $79.22 per share. $149,805
25-Feb-08 HAYES WILLIAM B
Officer 1,415 Direct Disposition (Non Open Market) at $79.29 per share. $112,195
25-Feb-08 KING DAVID P
Officer 1,840 Direct Disposition (Non Open Market) at $79.29 per share. $145,893
25-Feb-08 HAAS WILLIAM
Officer 958 Direct Disposition (Non Open Market) at $79.29 per share. $75,959
25-Feb-08 SMITH BRADFORD T
Officer 2,398 Direct Automatic Sale at $79.10 – $79.4 per share. $190,0002
25-Feb-08 SMITH BRADFORD T
Officer 1,769 Direct Disposition (Non Open Market) at $79.29 per share. $140,264
25-Feb-08 MAC MAHON THOMAS P
Director 6,227 Direct Disposition (Non Open Market) at $79.29 per share. $493,738
25-Feb-08 LAI GOLDMAN MYLA
Officer 1,611 Direct Automatic Sale at $79.10 – $79.4 per share. $128,0002
25-Feb-08 LAI GOLDMAN MYLA
Officer 1,189 Direct Disposition (Non Open Market) at $79.29 per share. $94,275
20-Feb-08 WALTON ANDREW SCOTT
Officer 649 Direct Disposition (Non Open Market) at $80.41 per share. $52,186
20-Feb-08 MILLER BENJAMIN R
Officer 909 Direct Disposition (Non Open Market) at $80.41 per share. $73,092
20-Feb-08 HAYES WILLIAM B
Officer 2,976 Direct Automatic Sale at $79.87 per share. $237,693
20-Feb-08 HAYES WILLIAM B
Officer 1,607 Direct Disposition (Non Open Market) at $80.41 per share. $129,218
20-Feb-08 KING DAVID P
Officer 3,538 Direct Disposition (Non Open Market) at $80.41 per share. $284,490
20-Feb-08 HAAS WILLIAM
Officer 909 Direct Disposition (Non Open Market) at $80.41 per share. $73,092
20-Feb-08 HARDISON DON M
Officer 1,352 Direct Disposition (Non Open Market) at $80.41 per share. $108,714
20-Feb-08 SMITH BRADFORD T
Officer 3,069 Direct Automatic Sale at $79.50 – $80 per share. $245,0002
20-Feb-08 SMITH BRADFORD T
Officer 2,264 Direct Disposition (Non Open Market) at $80.41 per share. $182,048
20-Feb-08 LAI GOLDMAN MYLA
Officer 1,611 Direct Automatic Sale at $79.50 – $80 per share. $128,0002
20-Feb-08 LAI GOLDMAN MYLA
Officer 1,189 Direct Disposition (Non Open Market) at $80.41 per share. $95,607
14-Feb-08 LAI GOLDMAN MYLA
Officer 102 Direct Automatic Sale at $79.14 – $79.18 per share. $8,0742
14-Feb-08 LAI GOLDMAN MYLA
Officer 5,465 Direct Automatic Sale at $79.19 – $79.58 per share. $434,0002
14-Feb-08 SMITH BRADFORD T
Officer 10,617 Direct Automatic Sale at $79.14 – $79.57 per share. $843,0002
14-Feb-08 SMITH BRADFORD T
Officer 10,859 Direct Disposition (Non Open Market) at $80.50 per share. $874,149
14-Feb-08 SMITH BRADFORD T
Officer 5,030 Direct Automatic Sale at $79.58 – $80.09 per share. $402,0002
14-Feb-08 MAC MAHON THOMAS P
Director 33,661 Direct Disposition (Non Open Market) at $80.50 per share. $2,709,710
14-Feb-08 LAI GOLDMAN MYLA
Officer 2,609 Direct Automatic Sale at $79.59 – $80.09 per share. $208,0002
14-Feb-08 LAI GOLDMAN MYLA
Officer 4,501 Direct Disposition (Non Open Market) at $80.50 per share. $362,330
14-Feb-08 HAYES WILLIAM B
Officer 2,432 Direct Automatic Sale at $80.09 per share. $194,778
14-Feb-08 HAYES WILLIAM B
Officer 1,169 Direct Disposition (Non Open Market) at $80.50 per share. $94,104
14-Feb-08 KING DAVID P
Officer 705 Direct Disposition (Non Open Market) at $80.50 per share. $56,752
14-Feb-08 HAAS WILLIAM
Officer 1,169 Direct Disposition (Non Open Market) at $80.50 per share. $94,104
13-Feb-08 MILLER BENJAMIN R
Officer 1,560 Direct Automatic Sale at $80 per share. $124,800
13-Feb-08 LAI GOLDMAN MYLA
Officer 6,500 Direct Automatic Sale at $80 per share. $520,000
13-Feb-08 LAI GOLDMAN MYLA
Officer 6,500 Direct Automatic Sale at $80 per share. $520,000
12-Feb-08 MILLER BENJAMIN R
Officer 2,440 Direct Automatic Sale at $80 per share. $195,200
12-Feb-08 MILLER BENJAMIN R
Officer 2,440 Direct Automatic Sale at $80 per share. $195,200
12-Feb-08 MILLER BENJAMIN R
Officer 2,440 Direct Automatic Sale at $80 per share. $195,200
12-Feb-08 LAI GOLDMAN MYLA
Officer 10,300 Direct Automatic Sale at $80 per share. $824,000
12-Feb-08 LAI GOLDMAN MYLA
Officer 10,300 Direct Automatic Sale at $80 per share. $824,000
12-Feb-08 LAI GOLDMAN MYLA
Officer 10,300 Direct Automatic Sale at $80 per share. $824,000
4-Dec-07 MILLER BENJAMIN R
Officer 2,386 Direct Sale at $71.65 per share. $170,956