Chief Operations Officer at Walgreens Boots Alliance buys $110.7 million in shares
Ornella Barra, Chief Operations Officer at Walgreens Boots Alliance (WBA), bought 1,700,000 shares of the company’s common stock on July 16. At $65.15 per share, Barra paid a total of $110,755,000 for the new shares.
Already a member?
Login to see your Insider Activity Trade Idea.
Not yet a member?
You can receive four timely bull-put credit spreads each market day by joining our InvestorsKeyhole Daily Trade Alerts Service. Our analysts scour the news looking for unusual options activity, how insiders are trading, and breaking news, and publish trades accordingly.
Become A Member
About Walgreens Boots Alliance Inc.
Walgreens Boots Alliance (WBA) operates over 15,000 locations in 50 states and 25 countries. The core defensive positioning is primarily around the pharmacy that are placed in high traffic locations. Currently, the company has the largest retail pharmacy market share (around 20%, excluding mail) which provides significant cost advantages and scale. Annually, the company generates over $140 billion in revenue consisting of U.S. retail pharmacy (around 75%), International pharmacy (around 10%) and pharmaceutical wholesale (around 20%). WBA has established strategic partnerships to offer incremental services to increase average revenue per customer and has an equity stakes in AmerisourceBergen (26%) and Sinopharm Holding Guoda Drugstores Co, Ltd (40%).