Humana's most recent trend suggests a bullish bias. One trading opportunity on Humana is a Bull Put Spread using a strike $410.00 short put and a strike $400.00 long put offers a potential 23.46% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $410.00 by expiration. The full premium credit of $1.90 would be kept by the premium seller. The risk of $8.10 would be incurred if the stock dropped below the $400.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Humana is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Humana is bullish.
The RSI indicator is at 59.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Humana
Francisco Partners Explores Sale of Availity Stake
Tue, 13 Apr 2021 23:43:36 +0000
(Bloomberg) — Francisco Partners is looking to sell its minority stake in Availity LLC, a health-care information technology company backed by some of the country’s biggest health plans, according to people familiar with the matter.Francisco, which owns just under a third of the company, is working with an adviser on the sale, which is in early stages, said the people, who asked to not be identified because the matter isn’t public. Availity as a whole is worth $2 billion, including debt, the people said.Representatives for Francisco and Availity declined to comment on the sales process.A spokesperson added in a statement that the company “is enjoying a period of rapid growth, having added 10 new health plans and hundreds of thousands of new providers to the platform in the last two years.”Francisco led a growth equity investment in the company in 2017 with its existing investors, a group that included Anthem Inc., Humana Inc. and Blue Cross Blue Shield of Minnesota, according to a statement at the time. Insurer Health Care Service Corp. and Florida Blue are also investors, a spokesperson said.Jacksonville, Florida-based Availity says it runs the nation’s biggest real-time information network that connects providers, health plans and technology partners. It has the goal of disrupting “an antiquated health-care system” by improving the ways stakeholders communicate with each other, according to its website.Founded in 2001 as a joint venture between Humana and Florida Blue, Availity also helps health-care providers with the complex, back-end administrative processes behind moving money between insurers and medical providers.(Updates with comment from Availity starting in fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Is Humana Inc. (HUM) A Smart Long-Term Buy?
Tue, 13 Apr 2021 22:25:54 +0000
Oakmark Funds, an investment management firm, published its “Oakmark Equity and Income Fund” first quarter 2021 investor letter – a copy of which can be seen here. A return of 10.3% was reported by the fund for the Q1 of 2021, outperforming its Lipper Balanced Fund benchmark that delivered a 5.4% return for the same […]
Humana (HUM) to Support Eligible Medicaid Members in Ohio
Tue, 13 Apr 2021 18:19:06 +0000
Humana (HUM) to improve health outcomes of Medicaid members in Ohio through contract wins.
Humana Selected by State of Ohio to Serve Medicaid Beneficiaries
Mon, 12 Apr 2021 18:45:00 +0000
Leading health and well-being company Humana Inc. (NYSE: HUM) has been selected by the Ohio Department of Medicaid (ODM) to deliver health care coverage to Medicaid beneficiaries who live throughout Ohio starting in early 2022.
Humana Commits $1.5 Million to Boys & Girls Clubs of America to Address Food Insecurity and Drive Healthy Habits For Millions of Youth Across US
Tue, 06 Apr 2021 14:00:00 +0000
Humana Commits $1.5 Million to Boys & Girls Clubs of America to Address Food Insecurity and Drive Healthy Habits For Millions of Youth Across US
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