UnitedHealth Group Incorporated (NYSE:UNH) operates as a diversified health and well-being company in the United States.
Insider selling during the last 30 days
Here is a table of UnitedHealth Group's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Sold||Rule 10b5-1||Current Ownership||Decrease In Ownership|
|Kenneth Shine||Director||March 18||1,250||No||24,085 shares + 1,250 options||4.7%|
|William Ballard||Director||March 18||10,000||No||65,042 shares||13.3%|
|Gail Boudreaux||EVP||Feb 27-28||90,392||No||182,531 shares||33.1%|
|Larry Renfro||EVP||Feb 25||131,569||No||185,758 shares||41.5%|
There have been 233,211 shares sold by insiders during the last 30 days.
Insider selling by calendar month
Here is a table of UnitedHealth Group's insider activity by calendar month.
|Month||Insider selling / shares||Insider buying / shares|
There have been 818,613 shares sold, and there have been 3,000 shares purchased by insiders since January 2013. The month of February 2014 has seen the most insider selling.
UnitedHealth Group reported the full-year 2013 financial results on January 16 with the following highlights:
|Earnings from operations||$9.6 billion|
|Net income||$5.6 billion|
UnitedHealth Group's 2014 guidance is as follows:
|Company||UNH||AET||HUM||WLP||Industry Average (Health Care Plans)|
|Qtrly Rev Growth (yoy):||0.08||0.33||0.07||N/A||0.10|
|PEG (5 yr expected):||1.70||1.27||1.63||1.24||1.56|
UnitedHealth Group has the highest P/S ratio among these four companies.
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Only UnitedHealth Group has seen intensive insider selling during the last 30 days.
There have been four different insiders selling UnitedHealth Group, and there have not been any insiders buying UnitedHealth Group during the last 30 days. Three of these four insiders decreased their holdings by more than 10%. UnitedHealth Group has an insider ownership of 0.70%.
Before going short UnitedHealth Group, I would like to get a bearish confirmation from the Point & Figure chart. The two main reasons for the proposed short entry are relatively high P/S ratio, and the intensive insider-selling activity.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.