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In a recent congressional trade report, it was revealed that James French Hill, the representative for Arkansas’s 2nd congressional district, has made a significant trade involving the stock of CVS Health Corporation (NYSE:CVS), currently trading at $55.69 with a market capitalization of $70.29 billion.
The transaction, which took place on January 31, 2025, involved the sale of CVS Health Corporation common stock. The dollar value of this trade falls within the range of $15,001 to $50,000. This information was made public on the same date as the transaction. According to InvestingPro, CVS has maintained dividend payments for 55 consecutive years and currently shows a GOOD financial health score, with 10+ additional ProTips available to subscribers.
The trade was conducted through the Hill Family Fund, previously registered as the Jay F. Hill Charitable Trust, which was established on December 12, 1990. This fund is a significant investment vehicle for the congressman, and the CVS Health Corporation stock was a subholding of this fund.
The CVS Health Corporation is a healthcare company that operates pharmacies across the country, providing a wide range of health services. The sale of this stock by Representative Hill is a notable transaction given the company’s prominence in the healthcare sector.
While the reasons behind the sale are not known, this transaction provides insight into the investment activities of one of our congressional representatives. As always, it is important for investors to stay informed about these trades, as they can provide valuable information about market trends and the financial decisions of influential individuals. InvestingPro’s Fair Value analysis suggests CVS is currently undervalued, with analysts setting price targets ranging from $48.01 to $93.00, making it an interesting stock for value investors to monitor.
This report is part of the ongoing transparency efforts in congress to ensure the public is aware of the financial activities of its representatives.
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