UnitedHealth Group (UNH) was Smart Insider's stock pick of the week after the company's Director Timothy Flynn bought $511,575 worth of UnitedHealth's shares at $511.58 apiece on Jan. 17, increasing his ownership by 10%.
This was Flynn's first stock purchase since February 2021, when he purchased $499,000 at $332.68 a share, Smart Insider said in a note Tuesday.
"That signal worked well," the note said, adding that Flynn has been a "rare buyer."
"It's interesting to see him buying four years after his last purchase and at a price more than 50% higher," according to the note.
Smart Insider ranked the stock +1, or strong positive signal.
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