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. Elevance Health Inc shares valued at $1,949,074 were sold by Kaye Mark on Apr 24 ’25. At $424.82 per share, Kaye Mark sold 4,588 shares. The insider’s holdings dropped to 18,977 shares worth approximately $7.33 million following the completion of this transaction.
Also, Kaye Mark purchased 4,588 shares, netting a total of over 1,949,051 in proceeds.
Before that, Penczek Ronald W had sold 443 shares from its account. In a trade valued at $183,903, the CAO & Controller traded Elevance Health Inc shares for $415.13 each. Upon closing the transaction, the insider’s holdings decreased to 443 shares, worth approximately $0.71 million.
As published in a research note from Robert W. Baird on April 15, 2025, Elevance Health Inc [ELV] has been rated down from an Outperform to a Neutral and the price target has been revised to $529. Analysts at Argus upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid March. As of January 22, 2025, Stephens has decreased its “an Overweight” rating to a “an Equal-weight” for ELV. Earlier on October 18, 2024, Argus downgraded its rating. Their new recommendation was “a Hold” for ELV stock which previously was a “a Buy”.
Analyzing ELV Stock Performance
On last trading session,, Elevance Health Inc [NYSE: ELV] rose 1.39% to $386.22. The stock’s lowest price that day was $376.69, but it reached a high of $386.41 in the same session. During the last five days, there has been a surge of approximately 0.41%. Over the course of the year, Elevance Health Inc shares have jumped approximately 4.70%.
Support And Resistance Levels for Elevance Health Inc (ELV)
RSI (Relative Strength Index) is 46.65 on the 14-day chart, showing neutral technical sentiment.
Is Elevance Health Inc subject to short interest?
Stocks of Elevance Health Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.48 million shares to 2.2 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 2.68 million shares. A decline of -21.75% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.23 of the overall float, the days-to-cover ratio (short ratio) decline to 1.23.
