Maxi Investments CY Ltd Buys $1.97 Million Stake in Elevance Health

The institutional investor added 6,100 shares of the health insurance company's stock in the third quarter.

Mar. 17, 2026 at 1:24pm

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Maxi Investments CY Ltd, an institutional investor, bought a new stake in shares of Elevance Health, Inc. (NYSE:ELV) in the third quarter, according to a recent filing with the Securities and Exchange Commission. The firm purchased 6,100 shares of the company's stock, valued at approximately $1,971,000.

Why it matters

This investment by Maxi Investments CY Ltd in Elevance Health, one of the largest health insurance providers in the United States, suggests the firm sees growth potential in the company's business and stock performance. Elevance Health has faced some challenges in recent quarters, including declining stock price, but remains a major player in the healthcare industry.

The details

According to the filing, Maxi Investments CY Ltd purchased 6,100 shares of Elevance Health, Inc. in the third quarter. The shares were valued at approximately $1,971,000. Several other large investors also recently bought and sold shares of Elevance Health, with some increasing their positions and others decreasing their holdings.

  • Maxi Investments CY Ltd bought the new stake in Elevance Health in the third quarter.

The players

Maxi Investments CY Ltd

An institutional investor that purchased a new stake in shares of Elevance Health, Inc.

Elevance Health, Inc.

A large U.S.-based health benefits company that provides a broad range of health insurance products and related services.

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The takeaway

This investment by Maxi Investments CY Ltd in Elevance Health reflects the firm's confidence in the health insurance company's long-term prospects, despite some recent stock price declines. As one of the largest players in the industry, Elevance Health's performance is closely watched by investors and analysts.