Costello Asset Management INC Decreases Stake in Merck & Co., Inc. $MRK

NodeGuardian · 2026-02-19T03:45:21+00:00

Costello Asset Management cut its stake in Merck by 62.1% in Q3, selling 27,414 shares while retaining 16,733. This follows significant insider selling, but Merck outperformed earnings expectations and announced a $0.85 dividend.

NodeGuardian

2026-02-19 03:45:21

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Costello Asset Management INC significantly reduced its stake in Merck & Co., Inc. by 62.1% in the third quarter, selling 27,414 shares and retaining 16,733 shares valued at $1.404 million. This reduction comes amidst recent insider selling activities totaling approximately $38.3 million by company executives. Despite the stock being down about 3.5% due to these sales, Merck recently exceeded quarterly earnings and revenue estimates and announced a quarterly dividend of $0.85.

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