Director John G Stratton purchases 2,000 shares of Abbott at $86.82; stock down 36.4% from 52-week high
John G Stratton acquired 2,000 shares at $86.82, expanding his position to 23,319 shares from 21,319 shares. The transaction occurs with Abbott's stock trading at $88.41, down 36.4% from its 52-week high of $139.06. The company reported net income of $1,077,000,000.00 on revenue of $11,164,000,000.00 in the latest quarter, with annual revenue growth of +5.7%. The context shows a material pullback from peak valuations, though fundamentals remain intact with a P/E of 24.56 and market cap of $153,993,636,847.89.