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Collis buys Elevance Health (ELV) shares worth $869,519
Elevance Health Director Steven H. Collis recently acquired 3,000 shares of the company’s stock for over $869,000, noteworthy as the stock is near its 52-week low and InvestingPro analysis suggests it’s undervalued. This insider purchase comes amidst significant company news including potential Medicare Advantage sanctions, a reiterated Buy rating from TD Cowen, and a management restructuring with Peter Haytaian reportedly planning to leave.