Health In Tech (NASDAQ:HIT) Shares Down 2.8% – Should You Sell?

Posted by Stanley Muller on Jul 12th, 2026

Health In Tech, Inc. (NASDAQ:HIT – Get Free Report)’s stock price was down 2.8% on Friday . The company traded as low as $1.05 and last traded at $1.06. 17,653 shares changed hands during trading, a decline of 93% from the average session volume of 269,393 shares. The stock had previously closed at $1.09.

Analysts Set New Price Targets

Several research firms have recently issued reports on HIT. Wall Street Zen lowered shares of Health In Tech from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Craig Hallum assumed coverage on shares of Health In Tech in a report on Monday, April 20th. They issued a “buy” rating and a $4.00 price objective for the company. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Health In Tech in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Health In Tech has an average rating of “Moderate Buy” and an average target price of $4.00.

Get Our Latest Stock Analysis on Health In Tech

Health In Tech Trading Down 2.8%

The stock has a fifty day simple moving average of $1.10 and a two-hundred day simple moving average of $1.34. The firm has a market cap of $69.46 million, a PE ratio of -53.00 and a beta of 2.88.

Health In Tech (NASDAQ:HIT – Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01. The firm had revenue of $8.77 million during the quarter.

Institutional Trading of Health In Tech

Several institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Health In Tech in the third quarter worth $45,000. Squarepoint Ops LLC bought a new stake in Health In Tech during the third quarter valued at $46,000. Millennium Management LLC purchased a new position in Health In Tech during the third quarter worth about $85,000. Jane Street Group LLC grew its position in Health In Tech by 307.9% during the fourth quarter. Jane Street Group LLC now owns 50,648 shares of the company’s stock worth $81,000 after buying an additional 38,230 shares in the last quarter. Finally, State Street Corp increased its stake in Health In Tech by 195.3% in the 4th quarter. State Street Corp now owns 62,900 shares of the company’s stock worth $100,000 after acquiring an additional 41,600 shares during the last quarter.

Health In Tech Company Profile

(Get Free Report)

Health in Tech, Inc engages in the provision of insurance technology platforms which offer a marketplace of processes in the healthcare industry. Its services include Stone Mountain Risk, eDIYBS, HI Card, HI Performance Network, and Ancillary Products. The company was founded by Tim Johnson in 2014 and is headquartered in Stuart, FL.