Wellcare Health Plans, Inc. (WCG): Kevin F Hickey , director of Wellcare Health Plans, Inc. sold 1,000 shares on Jun 15, 2016. The Insider selling transaction was reported by the company on Jun 16, 2016 to the Securities and Exchange Commission. The shares were sold at $105.56 per share for a total value of $105,558.60 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Lawrence Anderson (SVP, Chief HR Officer) sold 1,000 shares at $93.02 per share price.On May 5, 2016, Daniel Robert Graham (director) sold 2,100 shares at $94.45 per share price.Also, On Mar 7, 2016, Kevin F Hickey (director) sold 4,023 shares at $93.00 per share price.On Nov 25, 2015, Andrew Lynn Asher (CFO) purchased 4,000 shares at $80.70 per share price.
WellCare Health Plans: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in WellCare Health Plans which led to swings in the share price. The shares opened for trading at $104.85 and hit $106.6 on the upside , eventually ending the session at $105.19, with a gain of 0.53% or 0.55 points. The heightened volatility saw the trading volume jump to 3,12,266 shares. The 52-week high of the share price is $106.6 and the company has a market cap of $4,655 M . The 52-week low of the share price is at $69.16.
WellCare Health Plans Inc. (WellCare) is a managed care company for government-sponsored health care coverage with a focus on Medicaid and Medicare programs. The Company offers a range of managed care health plans for families children and the aged blind and disabled as well as prescription drug plans. The Company operates in three segments: Medicaid Health Plans Medicare Health Plans and Medicare Prescription Drug Plans (PDPs). It operates Medicaid health plans in Florida Georgia Hawaii Illinois Kentucky Missouri New Jersey New York and South Carolina. In addition it offers Medicare Advantage (MA) coordinated care plans (CCPs) in certain counties in Arizona Arkansas California Connecticut Florida Georgia Hawaii Illinois Kentucky Louisiana Mississippi Missouri New Jersey New York Ohio South Carolina Tennessee and Texas. It also offers stand-alone Medicare PDPs in 49 states and the District of Columbia.