Centene Corp (CNC, +1, Feb 13th)
Drew Asher (CFO since May 2021; joined Jan. 2020) purchased 6,800 shares on February 10th at $71.93, spending $490,000 and increasing his holdings to 315,000 shares. This is Asher’s first purchase in CNC. He joined in 2020 with the merger of Wellcare Health Plans where he was CFO, and while at Wellcare from 2014-2020, only made one purchase and that proved timely.
We ranked this stock +N on February 10th based on half-million purchases from James Murray (COO, joined 2022) and Theodore Samuels (Director since 2022). Murray joined CNC with the Magellan merger in 2021. This is a solid cluster of buyers.
We are upgrading the stock further, from +N to +1.