CNC CEO Sarah London bought 19,230 shares at $25.50; stock now $25.25, down 68.5% from 52-week high of $80.23.
Sarah London, CNC's Chief Executive Officer, purchased 19,230 shares at $25.50 on 2025-08-08, increasing her holdings from 826,045 shares to 845,275 shares. The stock has declined significantly since the purchase, now trading at $25.25 (near the transaction price but -68.5% from its 52-week high of $80.23) and down 57.2% over 90 days. London's prior buy at this ticker on 2024-11-08 returned -6.6% over 30 days and -3.6% over 90 days, establishing a pattern of unfavorable post-purchase returns. The company reports a loss of $253.0M on revenue of $48.7B with a P/E of 6.04, but the CEO's purchase decision does not align with market momentum—the 19.2K-share addition represents a modest 2.3% increase to her holdings amid substantial recent stock depreciation.
CEO Sarah London buys 4,117 shares of CNC at $60.80 amid -25.2% decline from 52-week high
Sarah London, Chief Executive Officer of Centene Corp, purchased 4,117 shares at $60.80 on 2024-11-08, increasing her holdings to 667,229 shares. The purchase occurs as the stock trades at $60.15, down 25.2% from its 52-week high of $80.41 and down 16.9% over the past 30 days. The transaction value of $250,313.60 represents a modest 0.6% increase relative to her pre-transaction holdings of 663,112 shares. With the company trading at a P/E of 9.91 and reporting $42.0B in quarterly revenue with net income of $713.0M, the CEO's accumulation during a period of stock weakness provides a data point on insider positioning, though the incremental share count and modest holding concentration warrant consideration of broader context before drawing conclusions about conviction.
