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Craig Jeffery Michael, the General Counsel and Corporate Secretary of NeueHealth, Inc. (NASDAQ:NEUE), recently reported transactions involving the company’s common stock. According to the SEC filing, Michael sold a total of 1,242 shares over two transactions on March 7 and March 10. The shares were sold at prices ranging from $7.06 to $7.19 per share, resulting in a total transaction value of $8,929. The stock currently trades at $6.93, after showing strong momentum with a 27% gain over the past six months. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value estimate.
In addition to these sales, Michael acquired 581 shares through the vesting of restricted stock units, which were not discretionary transactions. These units were converted into common stock at no cost. Following these transactions, Michael holds 10,746 shares of NeueHealth stock directly. Want deeper insights into insider trading patterns and 12 additional exclusive ProTips? Discover more with InvestingPro.
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