A Director at UnitedHealth is Exercising Options

By Carrie Williams

Today, a Director at UnitedHealth, Michele Hooper, exercised options of UnitedHealth for $1.11M.

Following Michele Hooper’s last UNH Sell transaction on March 20, 2017, the stock climbed by 54.0%. In addition to Michele Hooper, 2 other UNH executives reported Sell trades in the last month.

Based on UnitedHealth’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $50.32 billion and quarterly net profit of $2.49 billion. In comparison, last year the company earned revenue of $46.31 billion and had a net profit of $1.97 billion. The company has a one-year high of $231.77 and a one-year low of $156.09. Currently, UnitedHealth has an average volume of 2.4M.

Based on 9 analyst ratings, the analyst consensus is Strong Buy with an average price target of $240.89, reflecting a -8.7% downside. Three different firms, including Citigroup and Edward Jones, currently also have a Sell rating on the stock.

The insider sentiment on UnitedHealth has been negative according to 158 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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