eHealth, Inc. (NASDAQ:EHTH) insider Robert S. Hurley bought 1,500 shares of eHealth stock in a transaction dated Monday, March 12th. The stock was purchased at an average cost of $16.00 per share, for a total transaction of $24,000.00. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.
eHealth stock traded up $0.25 during mid-day trading on Thursday, reaching $15.22. 38,321 shares of the company traded hands, compared to its average volume of 161,488. eHealth, Inc. has a 52 week low of $10.41 and a 52 week high of $28.59.
eHealth (NASDAQ:EHTH) last issued its earnings results on Thursday, March 1st. The financial services provider reported ($0.93) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.21) by $0.28. eHealth had a negative net margin of 14.74% and a negative return on equity of 27.04%. The company had revenue of $38.84 million for the quarter, compared to analysts’ expectations of $39.50 million. analysts forecast that eHealth, Inc. will post 0.31 earnings per share for the current fiscal year.
Several research firms recently commented on EHTH. Craig Hallum reaffirmed a “buy” rating and issued a $28.00 price target on shares of eHealth in a research note on Monday, December 11th. BidaskClub downgraded shares of eHealth from a “sell” rating to a “strong sell” rating in a research note on Thursday, December 14th. TheStreet downgraded shares of eHealth from a “c-” rating to a “d” rating in a research note on Wednesday, December 13th. Zacks Investment Research downgraded shares of eHealth from a “hold” rating to a “sell” rating in a research note on Tuesday, January 16th. Finally, ValuEngine raised shares of eHealth from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $23.67.
Institutional investors have recently modified their holdings of the business. Eversept Partners LLC bought a new stake in shares of eHealth in the 4th quarter valued at about $5,707,000. Redmile Group LLC boosted its stake in eHealth by 16.5% in the 4th quarter. Redmile Group LLC now owns 1,558,914 shares of the financial services provider’s stock worth $27,078,000 after purchasing an additional 221,291 shares in the last quarter. Pier Capital LLC acquired a new stake in eHealth in the 4th quarter worth approximately $3,569,000. BlackRock Inc. boosted its stake in eHealth by 3.8% in the 4th quarter. BlackRock Inc. now owns 2,117,944 shares of the financial services provider’s stock worth $36,790,000 after purchasing an additional 77,966 shares in the last quarter. Finally, Russell Investments Group Ltd. acquired a new stake in eHealth in the 3rd quarter worth approximately $1,550,000. Institutional investors own 92.71% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This piece of content was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/03/22/robert-s-hurley-buys-1500-shares-of-ehealth-inc-ehth-stock.html.
eHealth, Inc provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers side-by-side, and purchase and enroll in coverage online through its Websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com) or telephonically through its customer care centers.
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.