{"id":1613,"date":"2021-04-27T11:34:18","date_gmt":"2021-04-27T11:34:18","guid":{"rendered":"https:\/\/healthplan.distilinfo.com\/?p=1613"},"modified":"2021-04-27T11:34:19","modified_gmt":"2021-04-27T11:34:19","slug":"cigna-ceo-cordani-has-sold-152964-shares-in-2-months","status":"publish","type":"post","link":"https:\/\/distilinfo.com\/healthplan\/cigna-ceo-cordani-has-sold-152964-shares-in-2-months\/","title":{"rendered":"Cigna CEO Cordani has Sold 152,964 Shares in 2 Months"},"content":{"rendered":"\n<p>A recent filing with the Securities &amp; Exchange Commission has revealed that Cigna CEO David Cordani recently sold 6,207 shares of the stock at an average price of $255.39, for a total transaction of $1,585,205.73. Cordani is now left with 103,688 shares in the company, worth approximately $26,480,878.32. This was the third sell-off by him since March 1. On April 15, he sold 130,443 shares at an average price of $253.52, for a total transaction of $33,069,909.36. On March 1, he sold 16,314 shares of Cigna stock at an average price of $212.37, for a total transaction of $3,464,604.18.<\/p>\n\n\n\n<ol class=\"highlights wp-block-list\"><li><strong><em>Market cap<\/em><\/strong> : Cigna Corp, which offers medical, dental, disability, life, and accident insurance products, has a market cap of $79.53 billion. Its shares were traded at around $220.15 with a P\/E ratio of 15.40 and a P\/S ratio of 0.52. The dividend yield of Cigna Corp stocks are 0.02.<\/li><li><strong><em>Sell-off<\/em><\/strong>&nbsp;:David Cordani sold 52,455 shares of CI stock on 11\/10\/2020 at the average price of $220. The price of the stock has increased by 0.07% since. CEO Evernorth Timothy C Wentworth sold 41,357 shares of CI stock on 11\/04\/2020 at the average price of $195.46. The price of the stock has increased by 12.63% since.<\/li><li><strong><em>Leading payer<\/em><\/strong>: Cigna Corporation provides insurance and related products and services in the United States. Its Evernorth segment provides a range of coordinated and point solution health services, including pharmacy, benefits management, care, and intelligence solutions to health plans, employers, government organizations, and health care providers.<\/li><li><strong><em>Innovating care<\/em><\/strong> <strong><em>delivery&nbsp;<\/em><\/strong>:David Cordani became president and CEO of Cigna in 2009 and has spearheaded its transformation into a leading global health service company with an emphasis on empowering individuals to manage their own health; innovating new health delivery models; partnering with physicians to focus on wellness and prevention; and improving clinical quality.<\/li><li><strong><em>Global reach<\/em><\/strong>&nbsp;:With operations in more than 30 countries and jurisdictions across the globe, Cordani leads Cigna&#8217;s 70,000 colleagues in improving the health, well-being, and peace of mind of those they serve. He oversaw the company\u2019s successful combination with Express Scripts in 2018, and its launch in 2020 of Evernorth, a new brand for its growing, high-performing health services portfolio.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>A recent filing with the Securities &amp; Exchange Commission has revealed that Cigna CEO David Cordani recently sold 6,207 shares&#8230; <a href=\"https:\/\/distilinfo.com\/healthplan\/cigna-ceo-cordani-has-sold-152964-shares-in-2-months\/\" style=\"white-space: nowrap;\">Continue Reading <i class=\"fas fa-long-arrow-alt-right\" style=\"vertical-align: middle;\"><\/i><\/a><\/p>\n","protected":false},"author":8,"featured_media":1073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1613","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-distilinfo-originals","8":"entry"},"_links":{"self":[{"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/posts\/1613"}],"collection":[{"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/comments?post=1613"}],"version-history":[{"count":1,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/posts\/1613\/revisions"}],"predecessor-version":[{"id":1614,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/posts\/1613\/revisions\/1614"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/media\/1073"}],"wp:attachment":[{"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/media?parent=1613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/categories?post=1613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/distilinfo.com\/healthplan\/wp-json\/wp\/v2\/tags?post=1613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}