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flag ResMed CEO Michael Farrell sold $1.25M in stock on March 9, 2026, reducing his stake by 1.06%, as the company reported strong earnings despite a stock dip.

flag CEO Michael Farrell sold 4,991 shares of ResMed stock on March 9, 2026, for about $1.25 million at an average price of $251.03, reducing his stake by 1.06%. flag The sale, filed with the SEC and part of a pre-arranged plan, coincided with a 2.6% drop in the stock price on March 11, amid a lowered price target from Baird and broader market sentiment. flag Despite the decline, ResMed reported strong earnings in January, with revenue up 11% year-over-year and earnings per share exceeding estimates. flag The company maintains a solid market position in sleep and respiratory therapy devices, with a market cap of $35.17 billion and a long-term positive performance trend.

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