In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Humana Inc. (NYSE:HUM) reported that Capital World Investors has picked up 14,602,995 of common stock as of 2017-04-10.
The acquisition brings the aggregate amount owned by Capital World Investors to a total of 14,602,995 representing a 10.1% stake in the company.
For those not familiar with the company, Humana Inc. is a health and well-being company. The Company’s segments include Retail, Group, Healthcare Services and Other Businesses. The Retail segment consists of Medicare benefits, as well as individual commercial fully insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and financial protection products. The Group segment consists of employer group commercial fully insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and voluntary insurance benefits, as well as administrative services only (ASO) products. The Healthcare Services segment includes services offered to its health plan members, as well as to third parties, including pharmacy solutions, provider services, home-based services and clinical programs, as well as services and capabilities to manage population health. The Other Businesses segment includes its closed-block long-term care insurance policies.
A glance at Humana Inc. (NYSE:HUM)’s key stats reveals a current market capitalization of 30.14 Billion based on 144.28 Million shares outstanding and a price at last close of $210.75 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2011-07-29, Damelio picked up 526 at a purchase price of $79.83. This brings their total holding to 20,634 as of the date of the filing.
On the sell side, the most recent transaction saw Bilney unload 4,348 shares at a sale price of $213.80. This brings their total holding to 13,578.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Humana Inc. (NYSE:HUM) as things move forward to see if its progress aligns with these transactions.
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