Loengard Anna U buys Clover Health investments (CLOV) shares

Published 14/08/2025, 21:50
Loengard Anna U buys Clover Health investments (CLOV) shares

Director Anna U. Loengard of Clover Health Investments Corp (NASDAQ:CLOV) purchased a total of $68,755 worth of Class A Common Stock on August 13, 2025. The purchases were executed at prices ranging from $2.59 to $2.60, near the current trading price of $2.58. This insider buying comes as the stock has surged 18.5% in the past week, with InvestingPro analysis showing the stock is currently fairly valued.

According to a Form 4 filing with the Securities and Exchange Commission, Loengard acquired 12,000 shares at $2.60 and 14,500 shares at $2.59. These shares are held in custodial IRAs for the benefit of Loengard’s son and daughter, respectively, for which Loengard serves as custodian. Following these transactions, the number of shares owned following the transaction is 27,600 and 29,610 respectively. This purchase aligns with broader management confidence, as InvestingPro data reveals active share buybacks and analyst targets ranging from $2.50 to $5.00.

Loengard also directly owns 448,091 shares of Clover Health Investments. The reporting person no longer has a reportable beneficial interest in 151,725 shares held by her now ex-spouse. Get deeper insights into CLOV’s insider trading patterns and 7 additional key investment tips with InvestingPro’s comprehensive research report.

In other recent news, Clover Health Investments Corp reported its second-quarter 2025 earnings, revealing a revenue of $477.62 million. This figure surpassed the forecasted $468.3 million, marking a 1.99% surprise. Despite the revenue beat, the company’s stock saw a slight dip post-announcement. The stock fell by 1.04% to $2.88 by market close, before seeing a minor increase in after-hours trading. These recent developments highlight the company’s ability to exceed revenue expectations. However, the stock movement indicates investor reactions were mixed.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.