The VP & CAO of Cigna Corp is Exercising Options

By Carrie Williams

On November 13, the VP & CAO of Cigna Corp, Mary Hoeltzel, exercised options of Cigna Corp for $113.3K.

Following Mary Hoeltzel’s last CI Sell transaction on August 11, 2017, the stock climbed by 22.8%.

Based on Cigna Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $10.38 billion and quarterly net profit of $560 million. In comparison, last year the company earned revenue of $9.88 billion and had a net profit of $456 million. The company has a one-year high of $206.45 and a one-year low of $131.03. CI’s market cap is $48.78B and the company has a P/E ratio of 21.59.

Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $209.33, reflecting a -5.8% downside.

The insider sentiment on Cigna Corp has been negative according to 93 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Cigna Corp. provides medical, dental, disability, life and accident insurance and related products and services to businesses, governmental and non-governmental organizations and individuals. It operates through the following segments: Global Health Care; Global Supplemental Benefits; and Group Disability and Life.