Insider selling is insignificant in both dollar value and as a fraction of market cap. No read-through to fundamentals or outlook. Ignore this cluster and focus on broader industry trends, upcoming earnings, and regulatory developments for the managed care sector.
Price Chart
Executive Summary
Two Elevance Health insiders (a director and the CAO/Controller) sold a combined $209K in open-market sales over a two-day window. The total value is trivial relative to the $87.7B market cap (~0.0002%), making this cluster a routine, non-informational event likely driven by diversification or tax planning rather than a bearish signal.
Key Financial Metrics
Key Facts
- Two insiders conducted open-market sales totaling $209K from June 11-12, 2026.
- Sales represent approximately 0.0002% of ELV's $87.7B market cap.
- Director Dixon sold 151 shares at $401.77 ($61K); CAO/Controller Penczek sold 369 shares at $403.16 ($149K).
- No insider open-market purchases were recorded in the cluster window.
Financial Impact
Minimal — $209K total insider sales vs $87.7B market cap (0.0002%).
Risk Factors
- Larger insider selling may appear in subsequent filings, shifting the picture.
- The stock price is down ~20% over the past two months (implied by prior reports), which could beget further selling pressure unrelated to this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ELV-1781554297933 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | 8-K | $416.54 $414.26 | ▼ −0.55% | ▼ −0.05% | $381.34 (−8.45%) |
Aug 27, 2026 5w ago | Institutional Cluster | $399.11 $414.78 | ▲ +3.93% | ▲ +3.66% | $381.34 (−4.45%) |
Aug 20, 2026 6w ago | Court Ruling | $396.28 $399.11 | ▲ +0.71% | ▼ −0.40% | $381.34 (−3.77%) |
Aug 17, 2026 6w ago | Court Ruling | $390.24 $402.63 | ▲ +3.17% | ▲ +4.37% | $381.34 (−2.28%) |
Jul 17, 2026 10w ago | Insider Cluster | $373.11 $379.31 | ▲ +1.66% | ▲ +2.35% | $381.34 (+2.21%) |
Jul 15, 2026 11w ago | 8-K | $390.33 $389.09 | ▼ −0.32% | ▲ +0.66% | $381.34 (−2.30%) |
Jun 15, 2026 15w ago | Insider Cluster | $397.80 $395.10 | ▼ −0.68% | ▲ +1.55% | $381.34 (−4.14%) |
Jun 10, 2026 16w ago | 8-K | $404.56 $397.80 | ▼ −1.67% | ▼ −5.10% | $381.34 (−5.74%) |
Apr 22, 2026 23w ago | 8-K | $328.20 $368.75 | ▼ −12.36% | ▼ −12.30% | $381.34 (−16.19%) |
Mar 27, 2026 26w ago | DEFA14A | $284.79 $311.83 | ▲ +9.49% | ▲ +5.19% | $381.34 (+33.90%) |
US Market Status
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