Cardinal Health Shares Sold by CWA Asset Management Group

Institutional investor reduces stake in major healthcare services company

Mar. 21, 2026 at 9:08am

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CWA Asset Management Group LLC decreased its stake in shares of Cardinal Health, Inc. (NYSE:CAH) by 5.0% in the 4th quarter. The firm owned 81,621 shares of the company's stock at the end of the quarter, down from 85,946 shares held previously.

Why it matters

Cardinal Health is a major player in the healthcare supply chain and distribution industry, so changes in institutional ownership of its shares can signal shifts in investor sentiment around the company's performance and outlook.

The details

CWA Asset Management Group sold 4,325 shares of Cardinal Health stock during the fourth quarter, reducing its total position to 81,621 shares worth $16.77 million. The firm cited unspecified reasons for the share sale. Cardinal Health has seen its stock price rise significantly over the past year, up from around $120 per share to over $230 per share, as the company has benefited from increased demand for healthcare services and products.

  • CWA Asset Management Group reported the share sale in its 13F filing for the fourth quarter of 2025.

The players

CWA Asset Management Group LLC

An institutional investment firm that manages assets on behalf of clients.

Cardinal Health, Inc.

A major multinational healthcare services and products company headquartered in Dublin, Ohio.

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The takeaway

The reduction in CWA Asset Management Group's stake in Cardinal Health suggests the firm sees limited upside potential in the company's shares at current levels, even as the overall healthcare sector continues to perform well. Investors will be watching to see if other major institutional holders make similar moves in the coming quarters.