Looks like our execs decided to offload over $51 million worth of stock during layoffs. They know it will send a message that Humana is in trouble and that we'll be understaffed, which will bring the stock down. They are harming the company and they're making money off of it. Shameful.
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They have done this before and has not hurt the company. Losing 150,000-200,000 Medicare Advantage Members did hurt them publicly.
Remove them immediately from your Christmas card list
It's shameful but it is not a bad optic for the company. This happens all of the time and they cash out stock when things are going well, they get better value. Yesterday the stock hit a new record high. Hardly a company in trouble. BUT... Very shameful. I hope they enjoy their holiday season.