UnitedHealth Group, the largest for-profit health insurer, saw its executives, including the chairman, sell approximately $102 million in stock just before the public disclosure of a federal antitrust investigation. These sales, which occurred over four months last year, did not appear to be part of any scheduled trading plans, according to filings. This has raised concerns about the timing of the sales relative to the investigation. Additionally, UnitedHealth is facing challenges from a recent cyberattack on its Change Healthcare unit and ongoing margin pressures on Medicare Advantage players, contributing to its shares being down for the 13th week out of the last 15. The company's performance and the impact of these issues will be closely watched in its upcoming first-quarter earnings report next Tuesday.
UnitedHealth's first-quarter report will offer a window into Change cyberattack costs https://t.co/JvLiVwCd3z
UnitedHealth hack looms over first-quarter earnings report https://t.co/vDhXbfh6VL https://t.co/mWz63jj1Et
UnitedHealth's Earnings Could Illuminate True Fallout From Cyberattack on Change Unit https://t.co/db7xTnWLHZ
$UNH is the biggest drag on the $DJIA this week. UnitedHealth shares are on pace for the 13th down week out of the last 15 trading weeks this year, in the wake of the Change Healthcare hack and margin pressures on Medicare Advantage players. UHG reports next Tuesday. https://t.co/n46fSpSdtt
UnitedHealth is the largest for-profit health insurer in the country. And four executives made $101.5 million from stock sales in just four months last year. They happened to sell out right before the feds took their antitrust investigation against United public.
UnitedHealth is one of the biggest "non-profit" health care systems in the country. But four executives made $101.5 million from stock sales in just four months last year. They happened to sell out right before the feds took their antitrust investigation against United public.
UnitedHealth Chair, Executives Sold $102 Million in Stock Before US Probe Became Public https://t.co/cmxa7q9gLv
UnitedHealth Chair, Executives Sold $102 Million in Stock Before US Probe Became Public There’s no indication that the trades were executed according to scheduled trading plans in filings related to the transactions. UnitedHealth said officers and directors must get clearance…
$UNH (+0.2% pre) UnitedHealth Chair, Executives Sold $102 Million in Stock Before US Probe Became Public - BBG https://t.co/2u4MrcH2hU
UnitedHealth's chairman and three executives netted a combined $102 million from stock sales leading up to when the public became aware of a federal antitrust investigation https://t.co/M8UTfErCNX