CI Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own CI shares is 2224, representing 89.65% of the company's common stock.

CREDIT SUISSE AG/, in the last quarter, reduced its stake in CI by -4.74% restricting it's holding to 512.56 thousand shares of worth nearly $186.16M. BANK OF MONTREAL /CAN/ also lessened -32.94% of the CI shares from its portfolio, reducing its holding to 493.13 thousand shares of worth $179.26M. BLACKROCK INC. also shunned CI shares holding by -0.94% last quarter which brought its holding to 24.33 million shares worth $8.84B.

As per its latest 13F filing, VANGUARD GROUP INC increased its stake in CI by 8.14% in the last quarter. The institutional holder raised its holding to 26.79 million shares having worth more than $9.73B. GEODE CAPITAL MANAGEMENT, LLC also added 4.08% more shares of CI to its portfolio, raising its holding to 5.84 million shares of worth $2.12B. JPMORGAN CHASE & CO also increased its CI shares holding by 7.67% which brought its holding to 4.65 million shares worth $1.69B.

The insider with the most stakes in CI is Cordani David , Chairman & CEO at the company. Additionally, CI stock is highly held by See Remarks Palmer Eric P and Pres, Government and Solutions Manders Matthew G among others.

Company executives, directors, and other insiders own 1.59% percent of Cigna Corporation's stock. Within the last six months, there have been 3 transaction(s) in which CI insiders have sold stock, totaling 29.76K shares. Insiders that have sold shares include DELANEY WILLIAM J III, TRIPLETT MICHAEL W, and JONES NICOLE S.

There have been 0 transaction(s) during the past 6-months in which Cigna Corporation insiders have bought stock, totalling 0 shares

Around 74.96K Cigna Corporation shares are held by insiders, which represents about 1.59% of CI stock.

CI Chairman & CEO, Cordani David holds the largest portfolio of the company's shares. CI shares owned by Cordani total nearly 348.05 thousand.

VANGUARD GROUP INC is the largest institutional owner in CI which holds 26.79 million shares worth $9.73B or 9.12% of the total CI shares outstanding followed by CREDIT SUISSE AG/ with ownership of 512.56 thousand shares representing 0.17% of the CI ownership. BANK OF MONTREAL /CAN/ is the third largest stakeholder with 493.13 thousand shares or 0.17% of the ownership worth more than $179.26M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the CI is concerned, it is a stock which is optionable.

Number of CI shares short is 4.84M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 278.15M shares of CI are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, CI has 276.84M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for CI is 1.95.