The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Unitedhealth Group Inc shares valued at $511,575 were purchased by FLYNN TIMOTHY PATRICK on Jan 17 ’25. At $511.57 per share, FLYNN TIMOTHY PATRICK acquired 1,000 shares. The insider’s holdings grew to 4,500 shares worth approximately $2.34 million following the completion of this transaction.
Also, McSweeney Erin sold 701 shares, netting a total of over 438,987 in proceeds. Following the sale of shares at $626.23 each, the insider now holds 7,105 shares.
Before that, McSweeney Erin had added 701 shares to its account. In a trade valued at $438,987, the Officer bought Unitedhealth Group Inc shares for $626.23 each.
As published in a research note from HSBC Securities on January 10, 2025, Unitedhealth Group Inc [UNH] has been rated up from a Hold to a Buy and the price target has been revised to $595. Analysts at Truist resumed the stock at ‘”a Buy”‘ outlook in a report released in early January. As of October 17, 2024, HSBC Securities has decreased its “Buy” rating to a “Hold” for UNH. Earlier on October 11, 2024, KeyBanc Capital Markets initiated its rating. Their recommendation was “an Overweight” for UNH stock.
Analyzing UNH Stock Performance
During the last five days, there has been a drop of approximately -4.42%. Over the course of the year, Unitedhealth Group Inc shares have jumped approximately 2.74%. Shares of the company reached a 52-week high of $547.40 on 01/13/25 and a 52-week low of $502.80 on 01/17/25. A 50-day SMA is recorded $551.84, while a 200-day SMA reached $541.81. Nevertheless, trading volume fell to 3.75 million shares from 5.68 million shares the previous day.
Support And Resistance Levels for Unitedhealth Group Inc (UNH)
According to the 24-hour chart, there is a support level at 515.67, which, if violated, would cause prices to drop to 511.61. In the upper region, resistance lies at 524.11. The next price resistance is at 528.49. RSI (Relative Strength Index) is 46.61 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.55, which suggests the price will decrease in the coming days. Percent R is at 62.06%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
