09:25 AM EDT, 09/24/2024 (MT Newswires) -- Perrigo ( PRGO ) was the stock pick of the week from Smart Insider after a recent "cluster" of sales.

Katherine Doyle, a non-executive since 2020, sold $244,000 of stock on Sept. 13 at $27.30 apiece and Ronald Janish, the company's chief transformation officer, sold $382,000 of stock on Aug. 26, Smart Insider said in a note to clients Tuesday.

Svend Andersen, a divisional president, sold $968,000 of stock on Aug. 20, "a reversal from a much smaller series of sales," according to the note.

"[The sale was] likely explained by his move to become an advisor during 2024 and departure from the company at the end of 2024," Smart Insider said. "This is a concerning cluster of sales into weakness."

Smart Insider ranked the stock "strong negative signal."

Price: 26.90, Change: -0.16, Percent Change: -0.59