Benzinga - Over the past three months, congress has sold over $66K dollars worth of UnitedHealth Group (NYSE:UNH) stock. A total of 3 transactions have taken place by 3 different congressional members with Daniel Goldman selling the most, totaling $50,001.00 worth of UNH stock.
Congressional Transactions for UNH Over Past 3 Months
| Daniel Goldman | UNH | UnitedHealth Group | House | 2023-03-06 | S (Partial) | $50,001.00 |
| John Curtis | UNH | UnitedHealth Group | House | 2023-02-23 | S (Partial) | $1,001.00 |
| Scott Franklin | UNH | UnitedHealth Group | House | 2023-02-15 | S (Partial) | $15,001.00 |
As you can see, despite the recent sell-off by members of Congress, UnitedHealth Group has performed well over the past three months, achieving a 2.73% return.
Recap Over the past three months, 3 congressional members have sold over $66K dollars worth of UnitedHealth Group stock, while the stock has gained 2.73% over the same timeframe.
The recent sell-side activity by congress could be a result of members capitalizing on gains if they believe the current trend will not continue. On the other hand, congressional members can sell stock for a variety of reasons, including personal financial needs or diversification of their investment portfolios, so it's important to keep a balanced perspective and look at the company's performance holistically.
As always, investors should conduct their due diligence and consider other factors, such as a company's financials, analyst ratings, and broader market trends, before making any investment decisions.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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