NeueHealth, Inc. (NYSE:NEUE) CEO George Lawrence Mikan III Sells 13,180 Shares

NeueHealth, Inc. (NYSE:NEUE) CEO George Lawrence Mikan III sold 13,180 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $6.93, for a total value of $91,337.40. Following the completion of the transaction, the chief executive officer now directly owns 297,790 shares in the company, valued at $2,063,684.70. The trade was a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

George Lawrence Mikan III also recently made the following trade(s):

• On Monday, March 10th, George Lawrence Mikan III sold 1,604 shares of NeueHealth stock. The shares were sold at an average price of $7.06, for a total value of $11,324.24.
• On Friday, March 7th, George Lawrence Mikan III sold 26,660 shares of NeueHealth stock. The stock was sold at an average price of $7.19, for a total value of $191,685.40.
• On Monday, January 6th, George Lawrence Mikan III sold 31,798 shares of NeueHealth stock. The stock was sold at an average price of $7.33, for a total value of $233,079.34.
• On Tuesday, December 17th, George Lawrence Mikan III sold 16,803 shares of NeueHealth stock. The stock was sold at an average price of $4.18, for a total value of $70,236.54.

NeueHealth Trading Up 0.2 %

Shares of NYSE NEUE traded up $0.01 during trading hours on Thursday, hitting $6.75. 57,953 shares of the company traded hands, compared to its average volume of 25,705. The stock has a market capitalization of $55.96 million, a price-to-earnings ratio of -0.13 and a beta of 0.56. The company’s 50 day moving average price is $7.30 and its 200 day moving average price is $6.00. NeueHealth, Inc. has a 12 month low of $3.79 and a 12 month high of $7.66.

Hedge Funds Weigh In On NeueHealth

Hedge funds have recently bought and sold shares of the business. Partners Group Holding AG purchased a new stake in shares of NeueHealth in the 3rd quarter worth $463,000. Northern Trust Corp lifted its holdings in shares of NeueHealth by 66.8% in the 4th quarter. Northern Trust Corp now owns 32,644 shares of the company’s stock worth $242,000 after buying an additional 13,074 shares during the period. Finally, Virtu Financial LLC purchased a new stake in shares of NeueHealth in the 4th quarter worth $76,000. Institutional investors own 63.88% of the company’s stock.

Analyst Ratings Changes

Separately, Royal Bank of Canada cut their target price on NeueHealth from $8.00 to $7.00 and set a “sector perform” rating on the stock in a research report on Monday, December 9th.

About NeueHealth

NeueHealth, Inc, a healthcare company, provides various healthcare services for health consumers, providers, and payors in the United States. It operates through two segments: NeueCare and NeueSolutions. The NeueCare segment delivers healthcare services to ACA marketplace, medicare, and medicaid through owned and affiliated clinics.