Universal American (UAM) : The money flow analysis of Universal American (UAM) indicates a $0.26 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $1.67 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 6.37 and so was the total money flow at $1.41 million. The bulls lapped up $1.43 million worth of block trades on upticks. The money flow was $1.43 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Universal American (UAM), pushing it down by -0.7% for the day. The stock slid $0.06 and traded at $7.85 during the day. Nonetheless, the stock is 1.75% over the previous weeks close.
The company Insiders own 7.7% of Universal American shares according to the proxy statements. Institutional Investors own 69.21% of Universal American shares. In an insider trading activity, Perry Richard C, Director of UNIVERSAL AMERICAN CORP., unloaded 11,011,515 shares at an average price of $6.8 on June 27, 2016. The total amount of the transaction was worth $74,878,302, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Shares of Universal American Corp appreciated by 3.98% during the last five trading days but lost 4.85% on a 4-week basis. Universal American Corp is up 9.19% in the last 3-month period. Year-to-Date the stock performance stands at 12%.
Universal American (NYSE:UAM): On Tuesdays trading session , Opening price of the stock was $8 with an intraday high of $8. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $7.81. However, the stock managed to close at $7.84, a loss of 0.76% for the day. On the previous day, the stock had closed at $7.9. The total traded volume of the day was 506,225 shares.
Universal American Corp. is a health insurance company. The Company primarily serves the growing Medicare population by providing Medicare Advantage products. The Company operates the following segments: Medicare Advantage, Management Services Organization (MSO), Medicaid, Traditional Insurance and Corporate & Other. The Company provides health insurance to low-income families and individuals with disabilities. Medicare Advantage segment includes the Companys Medicare Advantage businesses. The Companys MSO segment supports its physician partnerships in the development of value-based healthcare models. The Companys Medicaid segment includes the operations of its Total Care Medicaid health plan. The Companys Traditional Insurance segment reflects the Companys closed block of insurance products not offered through government programs.