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ResMed (NYSE:RMD) CEO Sells $1,252,890.73 in Stock
ResMed (NYSE:RMD) CEO Michael Farrell sold 4,991 shares of the company’s stock on March 9th for over $1.25 million, reducing his stake by about 1.06%. This sale occurred shortly after ResMed reported stronger-than-expected quarterly earnings and declared a quarterly dividend. The stock currently holds a “Moderate Buy” consensus rating from analysts, with a consensus target price of $299.27.