Elevance Health insiders sell $6.7 million of stock, potentially signaling caution.

Elevance Health insiders sold $6.7m of stock in the past year, possibly signaling caution. The Executive VP & President of Commercial Health Benefits, Charles Kendrick, made the largest insider sale of $3.2m. However, President Gail Boudreaux bought $2.4m worth of shares, showing optimism about the company's future. Insider ownership stands at $77m, or 0.1% of the company.

Elevance Health Inc. (NYSE: ELV) has seen a mix of insider transactions over the past year, with some selling and others buying shares. According to recent filings, insiders have collectively sold $6.7 million worth of stock, while also making notable purchases. The Executive VP & President of Commercial Health Benefits, Charles Kendrick, made the largest insider sale, selling $3.2 million worth of shares at an average price of $432 each. This sale occurred above the latest price of $275, making it difficult to draw strong conclusions from it [1].

On the other hand, President Gail Boudreaux bought $2.4 million worth of shares, demonstrating optimism about the company's future. The total insider ownership stands at $77 million, or 0.1% of the company. This mixed activity could signal a cautious stance on the part of some insiders, but the recent purchase by the President suggests confidence in the company's prospects [1].

While insider transactions are not a definitive indicator of a stock's performance, they can provide valuable insights into the sentiment of those closest to the company. Investors should consider these transactions as part of their broader analysis of Elevance Health's stock.

References:
1. [NUMBER:1] https://www.marketbeat.com/instant-alerts/filing-vulcan-value-partners-llc-sells-15018-shares-of-elevance-health-inc-nyseelv-2025-08-01/
2. [NUMBER:2] https://finance.yahoo.com/news/elevance-health-insiders-sell-us-120032901.html