Lawmaker Exits UNH Early! Are Congressional Trades Good Signals?
UnitedHealth Group plunged after guiding to its first annual revenue decline since 1989, with 2026 sales seen down ~2% and U.S. membership set to fall by over 3 million. Congressman Kevin Hern disclosed a complete exit from his roughly $500,000 position in $UnitedHealth(UNH)$, marked as “sell to close.”
Shortly after, healthcare stocks sold off sharply, with UNH plunging nearly 20% as investors reacted to weaker guidance and looming Medicare reimbursement pressure.
Should retail investors “follow” congressional trades?
After UNH’s sharp sell-off, where is a good dip-buy level?