Centene Corporation (CNC) faced several key developments recently. During Q3, factors that had a significant impact on CNC were outlined but kept private.
US Bancorp DE and
KLP Kapitalforvaltning AS both sold a sizable number of CNC's shares, while
Large-volume trading of CNC put options took place. Their stock's growth was flagged as lacking despite shares rocketing
30%. CNC withdrew its
2025 guidance following a $1.8B ACA revenue hit, sparking mixed analyst opinions. However,
Mizuho maintained a 'Neutral' rating and raised the target price on CNC's stock.
Forbes recognized CNC in its first-ever ranking of top US company cultures.
Shell Asset Management Co. and
Sendero Wealth Management LLC significantly increased their stake in CNC. Unfavorable outlooks and assessments of CNC by
Jim Cramer and
Weiss Ratings stirred attention worldwide. The company faced a class-action lawsuit, pressuring share value. While CNC did incur losses in Q2, Wall Street analysts like those from
Mizuho still see promise in the rising stock price. However, speculations circulate about enrollment decreases and rising costs, threatening a potential storm for CNC.
Centene Corporation CNC News Analytics from Thu, 24 Jul 2025 07:00:00 GMT to Sat, 11 Oct 2025 15:34:24 GMT -
Rating 0
- Innovation -3
- Information 7
- Rumor -2
