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CareFusion (NYSE:CFN) Insider Thomas J. Leonard sold 1,250 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $42.81, for a total transaction of $53,512.50. Following the transaction, the insider now directly owns 33,303 shares of the company’s stock, valued at approximately $1,425,701. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

A number of research firms have recently commented on CFN. Analysts at Raymond James raised their price target on shares of CareFusion from $48.00 to $50.00 in a research note on Monday, May 19th. They now have a “strong-buy” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of CareFusion in a research note on Wednesday, May 7th. They now have a $41.00 price target on the stock. Finally, analysts at Barclays cut their price target on shares of CareFusion from $44.00 to $42.00 in a research note on Tuesday, May 6th. They now have an “equal weight” rating on the stock. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $42.30.

Shares of CareFusion (NYSE:CFN) traded up 0.23% on Tuesday, hitting $43.07. The stock had a trading volume of 1,531,709 shares. CareFusion has a 1-year low of $35.01 and a 1-year high of $43.33. The stock has a 50-day moving average of $40.47 and a 200-day moving average of $40.17. The company has a market cap of $8.929 billion and a P/E ratio of 24.03.

CareFusion (NYSE:CFN) last released its earnings data on Monday, May 5th. The company reported $0.60 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.62 by $0.02. The company had revenue of $968.00 million for the quarter, compared to the consensus estimate of $986.67 million. During the same quarter last year, the company posted $0.59 earnings per share. CareFusion’s revenue was up 7.4% compared to the same quarter last year. Analysts expect that CareFusion will post $2.31 EPS for the current fiscal year.

CareFusion Corporation (NYSE:CFN) is a global medical technology company.

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