The EVP, Chief of Staff & CCO of WellCare Health Plans (WCG) is Selling Shares

Today, the EVP, Chief of Staff & CCO of WellCare Health Plans (WCG), Yount Michael, sold shares of WCG for $131.7K.

Following Yount Michael’s last WCG Sell transaction on May 04, 2017, the stock climbed by 105.4%.

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Based on WellCare Health Plans’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $5.06 billion and quarterly net profit of $131 million. In comparison, last year the company earned revenue of $4.4 billion and had a net profit of $172 million. WCG’s market cap is $13.75B and the company has a P/E ratio of 28.55. Currently, WellCare Health Plans has an average volume of 961.8K.

Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $346.60, reflecting a 27.4% upside. One of the top 25 analysts, according to, recently recommended Buy WCG with a $330 price target.

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WellCare Health Plans, Inc. engages in the provision of government-sponsored managed care services through Medicaid, Medicare Advantage, and Medicare Prescription Drug Plans to families, children, seniors, and individuals with complex medical needs. It operates through the following segments: Medicaid Health Plans, Medicare Health Plans, and Medicare PDPs.