Centene (NYSE:CNC) Shares Acquired Rep. Tim Moore

Key Points

• Representative Tim Moore recently purchased shares of Centene Corporation (NYSE:CNC) valued between $15,001 and $50,000 on July 14th.
• Centene's stock has dropped 2.7%, with shares currently opening at $25.20, compared to a 52-week high of $80.59.
• After the latest earnings report, Centene missed analysts' EPS estimates, reporting ($0.16) against expectations of $0.23, but revenue increased by 22.4% year-over-year.

Representative Tim Moore (R-North Carolina) recently bought shares of Centene Corporation NYSE: CNC. In a filing disclosed on August 05th, the Representative disclosed that they had bought between $15,001 and $50,000 in Centene stock on July 14th.

Representative Tim Moore also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Krispy Kreme NASDAQ: DNUT on 7/30/2025.
• Purchased $15,001 - $50,000 in shares of Centene NYSE: CNC on 7/30/2025.
• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 7/30/2025.
• Purchased $15,001 - $50,000 in shares of Verizon Communications NYSE: VZ on 7/29/2025.
• Purchased $15,001 - $50,000 in shares of Intel NASDAQ: INTC on 7/29/2025.
• Purchased $1,001 - $15,000 in shares of Krispy Kreme NASDAQ: DNUT on 7/29/2025.
• Purchased $15,001 - $50,000 in shares of Centene NYSE: CNC on 7/29/2025.
• Purchased $1,001 - $15,000 in shares of Centene NYSE: CNC on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 7/21/2025.
• Purchased $15,001 - $50,000 in shares of Centene NYSE: CNC on 7/21/2025.

Centene Stock Performance

NYSE:CNC traded up $0.32 during midday trading on Friday, reaching $25.58. The stock had a trading volume of 11,416,944 shares, compared to its average volume of 8,368,974. The stock has a market capitalization of $12.56 billion, a P/E ratio of 6.33, a PEG ratio of 1.03 and a beta of 0.40. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.10 and a quick ratio of 1.10. Centene Corporation has a 1-year low of $25.08 and a 1-year high of $80.59. The firm's fifty day simple moving average is $40.30 and its 200-day simple moving average is $53.31.

Centene (NYSE:CNC - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.39). The business had revenue of $48.74 billion for the quarter, compared to analyst estimates of $44.71 billion. Centene had a return on equity of 9.57% and a net margin of 1.15%. Centene's revenue for the quarter was up 22.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.42 EPS. On average, equities research analysts forecast that Centene Corporation will post 6.86 EPS for the current fiscal year.

Insider Activity

In related news, Director Theodore R. Samuels II acquired 9,000 shares of the company's stock in a transaction that occurred on Monday, July 28th. The stock was purchased at an average price of $27.62 per share, for a total transaction of $248,580.00. Following the transaction, the director directly owned 32,000 shares of the company's stock, valued at approximately $883,840. This trade represents a 39.13% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.36% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Rockefeller Capital Management L.P. boosted its stake in Centene by 71.0% in the second quarter. Rockefeller Capital Management L.P. now owns 22,903 shares of the company's stock worth $1,243,000 after purchasing an additional 9,506 shares in the last quarter. Alberta Investment Management Corp raised its holdings in shares of Centene by 1.0% in the second quarter. Alberta Investment Management Corp now owns 880,700 shares of the company's stock valued at $47,804,000 after buying an additional 8,897 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new position in Centene during the 2nd quarter worth about $303,000. Ontario Teachers Pension Plan Board acquired a new stake in Centene in the 2nd quarter valued at about $1,424,000. Finally, Thoroughbred Financial Services LLC bought a new position in shares of Centene in the second quarter worth about $231,000. 93.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on CNC shares. Wells Fargo & Company lowered shares of Centene from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $72.00 to $30.00 in a research report on Wednesday, July 23rd. Guggenheim reissued a "neutral" rating on shares of Centene in a research report on Tuesday, April 29th. Cantor Fitzgerald downgraded Centene from an "overweight" rating to a "neutral" rating and reduced their price objective for the stock from $65.00 to $38.00 in a research report on Monday, July 28th. Morgan Stanley lowered their price objective on Centene from $33.00 to $28.00 and set an "equal weight" rating on the stock in a research report on Monday. Finally, Jefferies Financial Group decreased their price target on shares of Centene from $64.00 to $61.00 and set a "hold" rating on the stock in a research note on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $42.20.

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina's 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Moore (Republican Party) ran for election to the U.S. House to represent North Carolina's 14th Congressional District. He won in the general election on November 5, 2024. Moore served as speaker of the House from 2015 to 2025. Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

About Centene

Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. The company operates through Medicaid, Medicare, Commercial, and Other segments. The Medicaid segment offers health plan coverage, including medicaid expansion, aged, blind, disabled, children's health insurance program, foster care, medicare-medicaid plans, long-term services and support.