Omada Health, Inc. (NASDAQ:OMDA – Get Free Report) CFO Steven Cook sold 6,800 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $17.23, for a total transaction of $117,164.00. Following the transaction, the chief financial officer owned 187,209 shares in the company, valued at approximately $3,225,611.07. The trade was a 3.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Omada Health Trading Up 2.3%
Shares of OMDA opened at $17.64 on Friday. Omada Health, Inc. has a 12 month low of $10.28 and a 12 month high of $26.92. The firm’s 50 day moving average is $15.73 and its 200-day moving average is $14.78. The stock has a market capitalization of $1.05 billion and a PE ratio of -65.33.
Omada Health (NASDAQ:OMDA – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03. The company had revenue of $78.05 million during the quarter. Omada Health had a negative net margin of 2.22% and a negative return on equity of 1.82%. Equities research analysts predict that Omada Health, Inc. will post -0.01 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on Omada Health
Institutional Trading of Omada Health
Several large investors have recently bought and sold shares of OMDA. Quarry LP bought a new position in Omada Health in the fourth quarter valued at about $29,000. TD Waterhouse Canada Inc. bought a new position in shares of Omada Health in the fourth quarter worth about $32,000. Raymond James Financial Inc. acquired a new stake in shares of Omada Health in the 2nd quarter valued at approximately $32,000. Inlight Wealth Management LLC acquired a new stake in shares of Omada Health in the 4th quarter valued at approximately $45,000. Finally, Strs Ohio grew its holdings in shares of Omada Health by 151.0% during the 4th quarter. Strs Ohio now owns 4,267 shares of the company’s stock valued at $67,000 after purchasing an additional 2,567 shares during the last quarter.
About Omada Health
Omada Health is a digital health company that specializes in the prevention and management of chronic conditions through personalized, technology-driven programs. The company’s platform combines data analytics, behavioral science and human coaching to support individuals at risk for or living with conditions such as prediabetes, type 2 diabetes, hypertension and musculoskeletal disorders. Participants access the program via a mobile app or web portal, where they receive tailored curriculum, feedback on health metrics and ongoing virtual coaching.
In addition to its core disease-management offerings, Omada Health has expanded its services to include mental health support and digital therapeutics for weight management.
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