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Merck & Co., Inc. $MRK Shares Sold by Zuckerman Investment Group LLC
Zuckerman Investment Group LLC significantly reduced its stake in Merck & Co., Inc. by 71.4% in the third quarter, selling 59,370 shares. Despite this, positive sentiment for Merck is driven by a surge in call option buying, promising Phase 3 WELIREG data with regulatory filings, and multiple analyst price target raises. Insider selling by EVP Richard Deluca and CEO Robert Davis, totaling over 320,000 shares, also occurred within the last 90 days.