UnitedHealth Group Incorporated (UNH) : During the past 4 weeks, traders have been relatively bearish on UnitedHealth Group Incorporated (UNH), hence the stock is down -1.65% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.43% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.04% in the last 1 week, and is up 2.64% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 1.15% and the 50-Day Moving Average is 4.02%.
UnitedHealth Group Incorporated (NYSE:UNH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $141.65 and $141.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $142.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $141.33, notching a gain of 0.35% for the day. The total traded volume was 3,748,675 . The stock had closed at $140.84 on the previous day.
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 -1.22% . 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%. In a related news, The Securities and Exchange Commission has divulged that Ballard William C Jr, director of Unitedhealth Group Inc, had unloaded 5,000 shares at an average price of $138.58 in a transaction dated on June 16, 2016. The total value of the transaction was worth $692,900.
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.