Added to YB: 2026-07-21
Pitch date: 2026-07-21
ELV [bullish]
Elevance Health, Inc.
+1.97%
current return
Author Info
CEO Watcher tracks insider trades (and calculates the track record of every insider) to find the highest signal trades. Looking for dip buys, reversals, cluster buys, insider with a strong track record, etc. Sign up for the newsletter.
Company Info
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States.
Market Cap
$86.9B
Pitch Price
$392.80
Price Target
N/A
Dividend
1.72%
EV/EBITDA
12.73
P/E
17.82
EV/Sales
0.54
Sector
Health Care Providers and Services
Category
turnaround
CEO buys $1mm of the earnings dip
ELV: CEO ($1.0M @ $367.79, 2nd-largest buy) + director cluster bought the ~15% post-earnings dip; stock beat and raised guidance but fell on softer Medicaid margins/membership. Trades at 10.1x EV/EBITDA NTM (~5Y median), so upside is limited but downside is tight—stop below $365 (~5% risk). Mgmt calls 2026 the Medicaid profitability trough; July state rate updates modestly better. Short-term recovery setup, not a long-term hold given ongoing govt/reimbursement overhang.
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