LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Insiders at UnitedHealth are scooping up tarnished shares

Garry Wills by Garry Wills
May 16, 2025
in Business Finance
Insiders at UnitedHealth are scooping up tarnished shares
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Key Points

  • UnitedHealth Group saw some of its insiders step in and purchase declining shares this week.
  • Kristen Gil, a director at the firm, bought 3,700 shares worth roughly $1 million on Thursday.
  • Shares of UnitedHealth plunged nearly 11% to $274.35 on Thursday following a report in The Wall Street Journal that the Department of Justice is conducting a criminal investigation into possible Medicare fraud.

UnitedHealth Group , whose stock has been in a tailspin amid a tumultuous period for the health-care giant, saw some of its insiders step in and purchase declining shares this week. Kristen Gil, a director at the firm, bought 3,700 shares worth roughly $1 million on Thursday, while Timothy Patrick Flynn and John Noseworthy, also directors, scooped up about 1,500 and 300 shares , respectively, on Wednesday, according to InsiderScore, which tracks regulatory filings from corporate insiders. Shares of UnitedHealth plunged nearly 11% to $274.35 on Thursday following a report in The Wall Street Journal that the Department of Justice is conducting a criminal investigation into possible Medicare fraud. The stock rebounded 6% Friday, cutting its weekly losses to 23%. UNH 5D mountain UnitedHealth The reported investigation also follows the surprise exit of UnitedHealth Group CEO Andrew Witty, who will be replaced by the company’s former longtime chief executive Stephen Hemsley. Shares of UnitedHealth Group are down roughly 43% this year following a string of setbacks for the company. The company has been grappling with a historic cyberattack, higher-than-expected medical costs and a torrent of public blowback after the murder of UnitedHealthcare CEO Brian Thompson.



Source link

You might also like

Trump says ‘stupid’ Powell ‘probably won’t cut’ rates when Fed meeting ends Wednesday

Klarna CEO wants to turn the platform into a ‘super app’ with AI

This artificial intelligence subcategory is undergoing a ‘golden age,’ says long-time tech analyst Dan Ives

Share30Tweet19
Previous Post

World Liberty Financial brushes off oversight concerns from Congress

Next Post

Tesla’s robotaxi fleet will be powered by ‘plenty of teleoperation’

Garry Wills

Garry Wills

Recommended For You

Trump says ‘stupid’ Powell ‘probably won’t cut’ rates when Fed meeting ends Wednesday
Business Finance

Trump says ‘stupid’ Powell ‘probably won’t cut’ rates when Fed meeting ends Wednesday

June 18, 2025
Klarna CEO wants to turn the platform into a ‘super app’ with AI
Business Finance

Klarna CEO wants to turn the platform into a ‘super app’ with AI

June 18, 2025
This artificial intelligence subcategory is undergoing a ‘golden age,’ says long-time tech analyst Dan Ives
Business Finance

This artificial intelligence subcategory is undergoing a ‘golden age,’ says long-time tech analyst Dan Ives

June 18, 2025
Stocks making the biggest moves midday: Jabil, JetBlue, Sunrun, Valero, Verve Therapeutics and more
Business Finance

Stocks making the biggest moves midday: Jabil, JetBlue, Sunrun, Valero, Verve Therapeutics and more

June 17, 2025
Next Post
Tesla’s robotaxi fleet will be powered by ‘plenty of teleoperation’

Tesla's robotaxi fleet will be powered by 'plenty of teleoperation'

Related News

Cala Homes reports fall in profit but maintains sales rate

Cala Homes reports fall in profit but maintains sales rate

March 27, 2024
Circle co-founder to create ‘AI-native’ bank after M raise

Circle co-founder to create ‘AI-native’ bank after $18M raise

May 20, 2025
Bank of Israel holds rates at 4.75% in first rate decision since Hamas attack

Bank of Israel holds rates at 4.75% in first rate decision since Hamas attack

October 23, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • lingtogel77
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?