UnitedHealth has seen a notable wave of insider buying, reflecting a concerted effort by its board to restore investor confidence.

Shares of UnitedHealth Group (NYSE:UNH) bounced back on Friday, ending an eight-day losing streak marked by multiple setbacks as several of its directors disclosed the purchase of more than $1.5M worth of company stock.

UnitedHealth stock price was the biggest gainer in the Dow Jones Index on Monday as the beleaguered health insurance giant fights to win back investor confidence through insider buybacks. The stock closed the session at +8.

Today, Zacks Investment Ideas feature highlights UnitedHealth Group UNH. Follow UNH Insiders as They Buy $30 Million in Stoc

Everything started on December 3, 2024, when Brian Thompson, the CEO of UnitedHealthcare, was shot and killed in New York. Thompson led UnitedHealth’s insurance segment, their biggest business, and his death likely created huge internal uncertainty that no one, obviously, expected.

UnitedHealth shares fell nearly 7% on Wednesday in premarket trading after a Guardian report that the healthcare conglomerate secretly paid nursing homes thousands in bonuses to help slash hospital transfers for ailing residents.

UnitedHealth's stock was a big reason for the Dow's gain on Monday, after it acted as the biggest drag for most of last week. The stock's price gain of $23.98 (8.2%) on Monday added about 147 points to the Dow's price.