UnitedHealth Stock Gains Another 5% After CEO Buys $25 Million Worth of Company Stock

Tiger Newspress
19 May

The Form 4 filing by UnitedHealth Group shows that the new CEO, Stephen Hemsley, acquired $25 million worth of company shares at an average of $288.57 a piece on Friday, 16th May 2025. Mr. Hemsley took the helm of his new office on Tuesday of the same week. UnitedHealth Group CFO John Rex also purchased 17.2k of the company’s shares on Friday, for $291.12/share for a total value of $5 million.

UnitedHealth shares gained another 4.7% in premarket trading on Monday after jumped 6.4% on Friday.

The move follows three other Directors of UnitedHealth Group (NYSE:UNH), who collectively acquired $1.6 million worth of UNH shares, as reported on the Form 4 filing. Tim Flynn, Kristen Gil, and John Noseworthy bought about 5.5K shares across three transactions worth approximately $491.8K, $1.0M, and $93.6K, respectively.

UNH’s stock price shed from $307.95 on Wednesday to $274.11 on Thursday, following news of a withdrawal of its full-year outlook. The company has also been associated with a criminal investigation by the Department of Justice (DOJ). The DOJ is conducting a criminal probe into UnitedHealth Group’s Medicare billing practices, which led to the company's former CEO, Andrew Witty, abruptly resigning on Tuesday and raising investor concerns. The stock is down by over 42% since the start of 2025.

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