UnitedHealth Group Incorporated (NYSE:UNH) has tumbled 1.11% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 5.16% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.07% and the outperformance has advanced to 4.2% for the last 4 weeks period.
UnitedHealth Group Incorporated (NYSE:UNH): The stock opened at $138.76 on Friday but the bulls could not build on the opening and the stock topped out at $138.85 for the day. The stock traded down to $136.55 during the day, due to lack of any buying support eventually closed down at $137.69 with a loss of -0.70% for the day. The stock had closed at $138.66 on the previous day. The total traded volume was 4,430,918 shares.
The company shares have rallied 14.50% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $140.89 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $133.98 and the 200 Day Moving Average price is recorded at $123.77.
On the companys insider trading activities,The director of Unitedhealth Group Inc, Wilensky Gail R sold 5,500 shares at $139.8 on June 10, 2016. The Insider selling transaction had a total value worth of $768,900. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Bernstein initiates coverage on UnitedHealth Group Incorporated (NYSE:UNH). The current rating of the shares is Outperform, according to the research report released by the firm. The rating by the firm was issued on June 16, 2016. Currently the company Insiders own 1.65% of UnitedHealth Group Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.23% . Institutional Investors own 90.14% of UnitedHealth Group Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -3.17%.
UnitedHealth Group Incorporated is a health and well-being company. The Companys business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various customers and markets. Optum is a health services business serving the health care marketplace, including payers, care providers, employers, Governments, life sciences companies and consumers. The Companys business platforms have four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. UnitedHealthcare includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State and UnitedHealthcare Global. OptumHealth is a health and wellness business serving the physical, emotional and financial needs of individuals. OptumInsight provides technology, operational and consulting services to participants in the health care industry. OptumRx provides a range of pharmacy benefit management (PBM) services.