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UnitedHealth Group (UNH) CEO Buys $25 Million Worth of Company Stock

UnitedHealth Group (UNH) CEO Buys $25 Million Worth of Company Stock

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UnitedHealth Group (UNH) CEO Buys $25 Million Worth of Company Stock

The Form 4 filing by UnitedHealth Group (NYSE:UNH) 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 (NYSE:UNH) 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 Group (UNH) CEO snaps up $25 million in Shares
UnitedHealth Group (UNH) CEO snaps up $25 million in Shares

A senior healthcare professional giving advice to a patient in a clinic.

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 (NYSE:UNH) 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.

While we acknowledge the potential of UNH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UNH and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Low Volatility Stocks to Buy Now and Starter Stock Portfolio: 12 Safe Stocks to Buy

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