Core Insights - Deep-pocketed investors are showing a bullish sentiment towards Centene (NYSE:CNC), indicating potential significant developments ahead [1] - Recent options activity reveals a split sentiment among investors, with 46% bullish and 46% bearish [2] - The target price for Centene is projected to range from $17.5 to $50.0 based on trading activity over the past three months [3] Options Activity - In the last 30 days, there has been unusual options activity for Centene, with a notable volume and open interest in both calls and puts [4][5] - The largest options trades include bullish call options with significant total trade prices, indicating investor confidence [9] Company Overview - Centene is a managed care organization focusing on government-sponsored healthcare plans, serving 22 million medical members as of December 2024, with a majority in Medicaid [10] - The company has a military contract and provides Medicare Part D pharmaceutical plans, diversifying its revenue streams [10] Market Analysis - Recent analyst ratings suggest an average target price of $37.0, with one analyst maintaining an Equal-Weight rating and another a Buy rating with a target of $39 [12][13] - Current trading volume stands at 3,118,567, with the stock price at $38.75, reflecting a slight increase [15]

Core Insights - Whales have shown a bullish stance on Centene, with 46% of trades being bullish and 46% bearish, indicating a balanced sentiment among large investors [1] - The total amount for put trades is $439,754, while call trades amount to $2,196,457, suggesting a stronger interest in calls [1] Options Activity - Over the last three months, whales have targeted a price range for Centene between $25.0 and $55.0 [2] - In the last 30 days, the volume and open interest for Centene's options have been analyzed, providing insights into liquidity and investor interest [3][4] Noteworthy Trades - Significant trades include bullish call options with a total trade price of $303.3K at a strike price of $25.00, and bearish call options with a total trade price of $261.1K at the same strike price [8] - Other notable trades include a bullish put option with a total trade price of $159.9K at a strike price of $37.00 [8] Company Overview - Centene is a managed care organization focusing on government-sponsored healthcare plans, serving 22 million medical members as of December 2024, with a majority in Medicaid [9][10] - The company also provides Medicare Part D pharmaceutical plans and has a military contract [10] Market Analysis - Analysts have provided ratings for Centene, with an average target price of $35.75, and individual targets ranging from $33 to $39 from various analysts [11][12] - The current trading volume for Centene is 5,833,297, with the stock price up by 2.31% to $35.19, indicating potential overbought conditions [14]

Group 1 - Significant investors have taken a bearish stance on Centene, with 72% of trades being bearish and only 4% bullish [2][3] - A total of 22 uncommon options trades were identified for Centene, with puts amounting to $85,417 and calls totaling $1,162,165 [2][3] - The predicted price range for Centene over the recent three months is between $25.0 and $55.0 [3] Group 2 - The volume and open interest trends for Centene's options indicate liquidity and interest, with a focus on the strike price range from $25.0 to $55.0 over the last 30 days [4] - Recent options activity shows a mix of bearish sentiment, with various call and put trades executed at different strike prices [9] - Centene serves 22 million medical members, primarily in Medicaid (60%), individual exchanges (20%), and Medicare (5%) [10] Group 3 - Analysts have provided ratings for Centene, with an average target price of $36.2, and various firms maintaining or adjusting their ratings [12][13] - Current trading volume for Centene is 10,841,765, with the stock price down by 2.22% at $33.33 [15]