Aetna (AET) : During the past 4 weeks, traders have been relatively bearish on Aetna (AET), hence the stock is down -6.14% 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 -0.1% relative to the S&P 500. The stock has risen by 1.39% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.04% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 0.35% and the 50-Day Moving Average is 1.92%.
Aetna (NYSE:AET): The stock opened at $118.88 on Friday but the bulls could not build on the opening and the stock topped out at $120.67 for the day. The stock traded down to $118.14 during the day, due to lack of any buying support eventually closed down at $118.63 with a loss of -0.44% for the day. The stock had closed at $119.15 on the previous day. The total traded volume was 3,435,697 shares.
The company Insiders own 0.9% of Aetna shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -41.05% . Institutional Investors own 95.21% of Aetna shares. During last six month period, the net percent change held by insiders has seen a change of -29.77%. In a related news, Mccarthy Margaret M, officer (EVP, Operations & Technology) of Aetna Inc /Pa/, unloaded 39,169 shares at an average price of $114.45 on May 10, 2016. The total amount of the transaction was worth $4,482,892, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Aetna Inc. is a diversified health care benefits company. The Company offers a range of traditional, voluntary and consumer-directed health insurance products and related services. The Companys operations are conducted in three business segments: Health Care, Group Insurance and Large Case Pensions. The Companys Health Care segment includes medical, pharmacy benefit management services, dental, behavioral health and vision plans. The Companys Group Insurance segments products consist primarily of Life Insurance Products, Disability Insurance Products and Long-Term Care Insurance Products. The Companys Large Case Pensions segment manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans. The Companys customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, Governmental units, Government-sponsored plans, labor groups and expatriates.