eHealth, Inc. (NASDAQ:EHTH – Get Free Report) Director Francis Soistman, Jr. sold 37,297 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $1.05, for a total value of $39,161.85. Following the completion of the transaction, the director directly owned 1,015,221 shares of the company’s stock, valued at $1,065,982.05. This represents a 3.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
eHealth Stock Up 0.6%
Shares of EHTH traded up $0.01 on Wednesday, reaching $0.95. The stock had a trading volume of 798,869 shares, compared to its average volume of 528,770. The company has a debt-to-equity ratio of 0.21, a quick ratio of 5.12 and a current ratio of 5.12. eHealth, Inc. has a 12-month low of $0.90 and a 12-month high of $5.89. The firm has a market capitalization of $30.46 million, a price-to-earnings ratio of -0.82 and a beta of 1.52. The company has a 50-day simple moving average of $1.39 and a 200-day simple moving average of $1.53.
eHealth (NASDAQ:EHTH – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($1.18) earnings per share for the quarter, missing the consensus estimate of ($0.84) by ($0.34). The firm had revenue of $33.57 million during the quarter, compared to analysts’ expectations of $33.28 million. eHealth had a return on equity of 6.13% and a net margin of 5.42%. Sell-side analysts predict that eHealth, Inc. will post 0.8 EPS for the current year.
Analysts Set New Price Targets
Read Our Latest Stock Report on eHealth
Institutional Trading of eHealth
A number of institutional investors and hedge funds have recently bought and sold shares of EHTH. Nantahala Capital Management LLC purchased a new position in eHealth in the second quarter worth about $2,624,547. Vanguard Group Inc. raised its holdings in eHealth by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,526,098 shares of the financial services provider’s stock worth $6,577,000 after acquiring an additional 4,958 shares during the last quarter. Palo Alto Investors LP bought a new position in eHealth in the 2nd quarter valued at approximately $2,209,368. Findell Capital Management LLC lifted its position in eHealth by 15.0% in the 4th quarter. Findell Capital Management LLC now owns 1,408,975 shares of the financial services provider’s stock valued at $6,481,000 after acquiring an additional 183,975 shares in the last quarter. Finally, BlackRock Inc. purchased a new stake in eHealth during the 2nd quarter valued at $2,000,000. 79.54% of the stock is currently owned by institutional investors.
eHealth Company Profile
eHealth, Inc operates one of the largest online private health insurance exchanges in the United States. The company’s platform enables consumers to compare, select and enroll in individual, family and small-group health insurance plans offered by a broad network of licensed insurance carriers. In addition to Affordable Care Act–compliant offerings, eHealth provides dedicated services for Medicare Advantage, Medicare Supplement and Medicare Part D prescription drug plans, helping seniors navigate the complexities of Medicare coverage.
Through its digital marketplace, eHealth delivers real-time quotes, detailed plan comparisons and enrollment processing.
See Also
- Five stocks we like better than eHealth
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for eHealth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eHealth and related companies with MarketBeat.com's FREE daily email newsletter.
