Cigna Group
CI · Hospital & Medical Service Plans · 264.5M shares · -6%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $2.0B (gross $2.3B, SBC $286M)
Reference price $298.61 · est. market cap ~$79.0B — last insider sale, 2026-06-12 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B78The Cigna Group — managed-care insurer plus Evernorth (PBM/health-services) scale.
Strengths
- ROE 14.3% (73rd pct), ROA (78th); huge Evernorth/Express Scripts cash engine
- Diversified commercial + pharmacy-services mix; low leverage
Risks
- Thin gross margin (12th); medical-cost-trend and PBM-reform scrutiny
- Tight liquidity ratio (current 0.85)
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Weak liquidityCurrent ratio 0.85 (<1)
- Strong balance sheetStrong balance sheet — $27.2B cash & investments
- Buying back stockNet buyback — share count -6%/yr over 4y
- Insider sellingInsider selling — 16 open-market sale(s) by 4 insider(s) (cluster of 4 insiders, ~$61M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
21.8%
Operating margin
3.3%
Net margin
2.2%
Return on equity
14.3%
Return on assets
3.8%
ROIC
17.2%
Revenue growth (QoQ)
-5.5%
Net-income growth
73.5%
Debt / equity
0.0×
Net debt / EBITDA
-2.2×
Current ratio
0.8×
EBITDA
$12.0B
Tangible book value
-$31.8B
Cash & investments
$27.2B
Stock comp / revenue
0.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-12 | Kates Jamie G | Sell | 899 | $298.61 |
| 2026-06-12 | Kates Jamie G | Option exercise | 899 | $152.89 |
| 2026-06-01 | Koka Durga Prasad | Tax withheld | 729 | $275.53 |
| 2026-05-13 | Cordani David | Option exercise | 15K | $149.13 |
| 2026-05-13 | Cordani David | Option exercise | 8.0K | $197.35 |
| 2026-05-12 | Cordani David | Sell | 41K | $290.00 |
| 2026-05-12 | Cordani David | Sell | 14K | $291.01 |
| 2026-05-12 | Cordani David | Sell | 12K | $291.95 |
| 2026-05-12 | Cordani David | Sell | 7.9K | $292.88 |
| 2026-05-12 | Cordani David | Sell | 2.1K | $293.92 |
| 2026-05-12 | Cordani David | Sell | 38K | $294.98 |
| 2026-05-12 | Cordani David | Sell | 35K | $295.98 |
| 2026-05-12 | Cordani David | Sell | 2.0K | $296.84 |
| 2026-05-12 | Cordani David | Sell | 15K | $298.24 |
| 2026-05-12 | Cordani David | Option exercise | 104K | $149.13 |
| 2026-05-12 | Cordani David | Sell | 2.2K | $298.53 |
| 2026-05-12 | Cordani David | Option exercise | 86K | $197.35 |
| 2026-05-12 | Cordani David | Sell | 3.9K | $286.83 |
| 2026-05-12 | Cordani David | Sell | 14K | $287.96 |
| 2026-05-12 | Cordani David | Sell | 14K | $288.85 |
| 2026-04-22 | McClellan Mark B. | Grant | 782 | — |
| 2026-04-22 | Hathi Neesha | Grant | 782 | — |
| 2026-04-22 | ZARCONE DONNA F | Grant | 782 | — |
| 2026-04-22 | MAZZARELLA KATHLEEN M | Grant | 782 | — |
| 2026-04-22 | FOSS ERIC J | Grant | 782 | — |
| 2026-04-22 | Kurian George | Grant | 782 | — |
| 2026-04-22 | Ross Kimberly A. | Grant | 782 | — |
| 2026-04-22 | Hennigan Michael J | Grant | 782 | — |
| 2026-04-22 | Ozuah Philip | Grant | 782 | — |
| 2026-04-22 | WISEMAN ERIC C | Grant | 782 | — |
| 2026-03-02 | Jones Nicole S | Sell | 2.3K | $288.91 |
| 2026-03-02 | Neville Everett | Sell | 1.7K | $288.91 |
| 2026-02-27 | Cordani David | Tax withheld | 11K | $287.55 |
| 2026-02-27 | Kates Jamie G | Grant | 205 | — |
| 2026-02-27 | Kates Jamie G | Grant | 609 | — |
| 2026-02-27 | Kates Jamie G | Tax withheld | 71 | $287.55 |
| 2026-02-27 | Kates Jamie G | Tax withheld | 61 | $287.55 |
| 2026-02-27 | Koka Durga Prasad | Grant | 499 | — |
| 2026-02-27 | Koka Durga Prasad | Grant | 2.7K | — |
| 2026-02-27 | Koka Durga Prasad | Tax withheld | 122 | $287.55 |
| 2026-02-27 | Koka Durga Prasad | Tax withheld | 98 | $287.55 |
| 2026-02-27 | Neville Everett | Grant | 2.6K | — |
| 2026-02-27 | Neville Everett | Grant | 2.7K | — |
| 2026-02-27 | Neville Everett | Tax withheld | 883 | $287.55 |
| 2026-02-27 | Neville Everett | Tax withheld | 517 | $287.55 |
| 2026-02-27 | Jones Nicole S | Grant | 4.1K | — |
| 2026-02-27 | Jones Nicole S | Grant | 5.2K | — |
| 2026-02-27 | Jones Nicole S | Tax withheld | 1.8K | $287.55 |
| 2026-02-27 | Jones Nicole S | Tax withheld | 912 | $287.55 |
| 2026-02-27 | Evanko Brian C | Grant | 6.4K | — |
| 2026-02-27 | Evanko Brian C | Grant | 9.8K | — |
| 2026-02-27 | Evanko Brian C | Tax withheld | 3.0K | $287.55 |
| 2026-02-27 | Evanko Brian C | Tax withheld | 1.8K | $287.55 |
| 2026-02-27 | DENNISON ANN M | Grant | 5.2K | — |
| 2026-02-27 | DENNISON ANN M | Tax withheld | 409 | $287.55 |
| 2026-02-27 | Cordani David | Grant | 24K | — |
| 2026-02-27 | Cordani David | Grant | 17K | — |
| 2026-02-27 | Cordani David | Tax withheld | 4.4K | $287.55 |
| 2025-11-03 | Cordani David | Buy | 4.1K | $241.88 |
| 2025-10-06 | Evanko Brian C | Option exercise | 901 | $139.22 |
| 2025-10-03 | Evanko Brian C | Option exercise | 5.4K | $139.22 |
| 2025-10-03 | Evanko Brian C | Sell | 5.4K | $300.00 |
| 2025-08-29 | BRAILER DAVID J | Tax withheld | 290 | $300.66 |
| 2025-08-18 | Jones Nicole S | Option exercise | 1.3K | $183.44 |
| 2025-08-18 | Jones Nicole S | Option exercise | 1.3K | $197.35 |
| 2025-08-15 | Jones Nicole S | Option exercise | 12K | $183.44 |
| 2025-08-15 | Jones Nicole S | Sell | 29K | $300.00 |
| 2025-08-15 | Jones Nicole S | Option exercise | 13K | $197.35 |
| 2025-06-02 | Hennigan Michael J | Grant | 568 | — |
| 2025-04-23 | Hathi Neesha | Grant | 638 | — |
| 2025-04-23 | ZARCONE DONNA F | Grant | 638 | — |
| 2025-04-23 | WISEMAN ERIC C | Grant | 638 | — |
| 2025-04-23 | Kurian George | Grant | 638 | — |
| 2025-04-23 | Ross Kimberly A. | Grant | 638 | — |
| 2025-04-23 | Ozuah Philip | Grant | 638 | — |
| 2025-04-23 | McClellan Mark B. | Grant | 638 | — |
| 2025-04-23 | MAZZARELLA KATHLEEN M | Grant | 638 | — |
| 2025-04-23 | Granger Elder | Grant | 638 | — |
| 2025-04-23 | FOSS ERIC J | Grant | 638 | — |
| 2025-03-14 | Granger Elder | Sell | 2.4K | $310.35 |
| 2025-03-14 | Granger Elder | Option exercise | 2.4K | $151.48 |
| 2025-03-07 | Eder Noelle K | Sell | 9.9K | $320.00 |
| 2025-03-03 | Cordani David | Sell | 27K | $308.12 |
| 2025-03-03 | Jones Nicole S | Sell | 4.9K | $308.12 |
| 2025-02-28 | Jones Nicole S | Tax withheld | 949 | $305.86 |
| 2025-02-28 | Jones Nicole S | Tax withheld | 4.2K | $305.86 |
| 2025-02-28 | Cordani David | Tax withheld | 23K | $305.86 |
| 2025-02-28 | Kates Jamie G | Grant | 405 | — |
| 2025-02-28 | Kates Jamie G | Grant | 246 | — |
| 2025-02-28 | Kates Jamie G | Tax withheld | 51 | $305.86 |
| 2025-02-28 | Kates Jamie G | Tax withheld | 130 | $305.86 |
| 2025-02-28 | BRAILER DAVID J | Grant | 6.5K | — |
| 2025-02-28 | BRAILER DAVID J | Grant | 5.6K | — |
| 2025-02-28 | BRAILER DAVID J | Tax withheld | 775 | $305.86 |
| 2025-02-28 | BRAILER DAVID J | Tax withheld | 2.6K | $305.86 |
| 2025-02-28 | Palmer Eric P | Grant | 16K | — |
| 2025-02-28 | Palmer Eric P | Grant | 5.4K | — |
| 2025-02-28 | Palmer Eric P | Tax withheld | 2.1K | $305.86 |
| 2025-02-28 | Palmer Eric P | Tax withheld | 7.4K | $305.86 |
| 2025-02-28 | Eder Noelle K | Grant | 8.1K | — |
| 2025-02-28 | Eder Noelle K | Grant | 3.1K | — |
| 2025-02-28 | Eder Noelle K | Tax withheld | 914 | $305.86 |
| 2025-02-28 | Eder Noelle K | Tax withheld | 3.7K | $305.86 |
| 2025-02-28 | Evanko Brian C | Grant | 12K | — |
| 2025-02-28 | Evanko Brian C | Grant | 5.4K | — |
| 2025-02-28 | Evanko Brian C | Tax withheld | 1.7K | $305.86 |
| 2025-02-28 | Evanko Brian C | Tax withheld | 5.7K | $305.86 |
| 2025-02-28 | Cordani David | Grant | 49K | — |
| 2025-02-28 | Cordani David | Grant | 11K | — |
| 2025-02-28 | Cordani David | Tax withheld | 4.7K | $305.86 |
| 2025-02-28 | Jones Nicole S | Grant | 9.1K | — |
| 2025-02-28 | Jones Nicole S | Grant | 3.1K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (1)
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-13 | 2026-05-13 | 0001140361-26-020906 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001140361-26-017971 ↗ |
| 10-Q | 2026-04-30 | 2026-03-31 | 0001739940-26-000043 ↗ |
| 8-K | 2026-04-27 | 2026-04-22 | 0001140361-26-017123 ↗ |
| 8-K | 2026-03-03 | 2026-02-25 | 0001140361-26-007450 ↗ |
| 8-K | 2026-02-27 | 2026-02-27 | 0001140361-26-007049 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001739940-26-000006 ↗ |
| 8-K | 2026-02-05 | 2026-02-05 | 0001140361-26-003768 ↗ |
| 8-K | 2025-11-18 | 2025-10-22 | 0001140361-25-042597 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001140361-25-039777 ↗ |
| 10-Q | 2025-10-30 | 2025-09-30 | 0001739940-25-000037 ↗ |
| 8-K | 2025-10-20 | 2025-10-15 | 0001140361-25-038670 ↗ |