Government Contract Update: $42M payment to NATIONAL GOVERNMENT SERVICES, INC

We just received data on a $42M payment to NATIONAL GOVERNMENT SERVICES, INC. from the Department of Health and Human Services. This payment was made on 2025-03-11 by the Centers for Medicare and Medicaid Services. We received this data from USASpending.gov.

Here is the award's description:

NEXT GENERATION DESKTOP IGF::OT::IGF

Our code mapped this contract to $ELV.

$ELV Government Contracts

We have seen $336,401,598 of award payments to $ELV over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

• PART A/PART B MEDICARE ADMINISTRATIVE CONTRACTOR (MAC) JURISDICTION K (JK): $118,171,393
• NEXT GENERATION DESKTOP IGF::OT::IGF: $104,967,911
• J6 A/B MAC SERVICES: $92,370,394
• SPARC WILL BE THE MAJOR CONTRACT VEHICLE FOR CMS IT SYSTEMS AND SUPPORT HHS OPDIVS CAN ALSO MAKE USE OF SPA...: $9,953,079
• INNOVATION PAYMENT CONTRACTOR (IPC) CONTRACT AWARD: $4,493,472

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$ELV Congressional Stock Trading

Members of Congress have traded $ELV stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $ELV stock by members of Congress over the last 6 months:

• REPRESENTATIVE JEFFERSON SHREVE purchased up to $50,000 on 02/24.
• REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 01/13.
• REPRESENTATIVE JARED MOSKOWITZ purchased up to $15,000 on 11/08.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$ELV Insider Trading Activity

$ELV insiders have traded $ELV stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $ELV stock by insiders over the last 6 months:

• CHARLES MORGAN JR KENDRICK (EVP & President, Commercial) has made 0 purchases and 2 sales selling 10,921 shares for an estimated $4,593,817.
• RONALD W PENCZEK (CAO & Controller) sold 443 shares for an estimated $183,902

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$ELV Hedge Fund Activity

We have seen 599 institutional investors add shares of $ELV stock to their portfolio, and 1,106 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• FMR LLC removed 2,426,019 shares (-52.5%) from their portfolio in Q4 2024, for an estimated $894,958,409
• WELLINGTON MANAGEMENT GROUP LLP added 1,893,947 shares (+42.5%) to their portfolio in Q4 2024, for an estimated $698,677,048
• AMERIPRISE FINANCIAL INC removed 1,872,364 shares (-49.4%) from their portfolio in Q4 2024, for an estimated $690,715,079
• HARRIS ASSOCIATES L P added 1,821,284 shares (+inf%) to their portfolio in Q4 2024, for an estimated $671,871,667
• ORBIS ALLAN GRAY LTD added 1,264,048 shares (+139.7%) to their portfolio in Q4 2024, for an estimated $466,307,307
• FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 1,039,612 shares (+47.6%) to their portfolio in Q4 2024, for an estimated $383,512,866
• JPMORGAN CHASE & CO removed 942,104 shares (-37.3%) from their portfolio in Q4 2024, for an estimated $347,542,165

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.