(Reuters) -Warren Buffett’s Berkshire Hathaway has acquired 5 million shares in UnitedHealth Group, a regulatory filing showed on Thursday, sending the health insurer’s stock up 7% in extended trading. Billionaire investor Buffett owned about 1.18 million shares in UnitedHealth between 2006 and 2009, before selling his entire stake in 2010 amid a broader retreat from…
RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, released its “RiverPark Large Growth Fund” Q2 2025 investor letter. A copy of the letter can be downloaded here. U.S. equity markets surged in the second quarter, with the S&P 500 Total Return Index rising 10.94% and the Russell 1000…
UnitedHealth Group (NYSE: UNH) reported second quarter 2025 results and updated its 2025 outlook. “UnitedHealth Group has embarked on a rigorous path back to being a high-performing company fully serving the health needs of individuals and society broadly,” said Stephen Hemsley, chief executive officer of UnitedHealth Group. “As we strengthen operating disciplines, positioning us for…
UnitedHealth Group (UNH) closed the most recent trading day at $282.65, moving -1.88% from the previous trading session. The stock’s performance was behind the S&P 500’s daily loss of 0.01%. Meanwhile, the Dow experienced a drop of 0.32%, and the technology-dominated Nasdaq saw an increase of 0.05%. Shares of the largest U.S. health insurer witnessed…
UnitedHealthcare, Kaiser Permanente and other major U.S. health insurers say they want to make it faster and easier for patients to obtain care. Health Insurance Plans (AHIP), a trade association that represents the health insurance industry, announced Monday that some of its biggest members are taking steps to streamline “prior authorization” — industry jargon for…
UnitedHealth CEO Andrew Witty is resigning from his position for personal reasons, the insurance company announced on Tuesday. UnitedHealth also said that it would suspend its 2025 financial outlook due to higher-than-expected medical costs. The move to withhold guidance followed its first quarterly earnings miss in more than a decade. The company did not immediately…
UnitedHealth Group is being sued by investors who claim the company misled them by allegedly withholding information on how the company was being affected by a backlash prompted by its response to the December killing of top executive Brian Thompson. In the proposed class action lawsuit filed Wednesday in the Southern District of New York, investor…