eHealth, Inc. (NASDAQ:EHTH) Insider Sells $539,700.00 in Stock

eHealth, Inc. (NASDAQ:EHTH) insider Robert S. Hurley sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 9th. The stock was sold at an average price of $89.95, for a total value of $539,700.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Robert S. Hurley also recently made the following trade(s):

  • On Monday, July 1st, Robert S. Hurley sold 1,500 shares of eHealth stock. The stock was sold at an average price of $87.82, for a total value of $131,730.00.
  • On Monday, June 3rd, Robert S. Hurley sold 1,500 shares of eHealth stock. The stock was sold at an average price of $70.34, for a total value of $105,510.00.

NASDAQ:EHTH opened at $89.36 on Friday. The firm’s fifty day moving average is $77.64. eHealth, Inc. has a fifty-two week low of $22.30 and a fifty-two week high of $95.50. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 141.84 and a beta of 1.23.

eHealth (NASDAQ:EHTH) last released its quarterly earnings results on Thursday, April 25th. The financial services provider reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.16) by $0.49. eHealth had a positive return on equity of 5.82% and a negative net margin of 0.03%. The company had revenue of $68.80 million for the quarter, compared to analyst estimates of $51.61 million. During the same quarter in the prior year, the firm posted ($0.07) EPS. eHealth’s quarterly revenue was up 59.6% compared to the same quarter last year. On average, equities analysts forecast that eHealth, Inc. will post 1.17 EPS for the current year.

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its position in eHealth by 2.3% in the 4th quarter. BlackRock Inc. now owns 2,565,558 shares of the financial services provider’s stock valued at $98,568,000 after acquiring an additional 58,661 shares during the last quarter. FMR LLC grew its position in shares of eHealth by 1,540.3% during the 1st quarter. FMR LLC now owns 1,644,434 shares of the financial services provider’s stock worth $102,514,000 after buying an additional 1,544,184 shares in the last quarter. Redmile Group LLC grew its position in shares of eHealth by 12.0% during the 1st quarter. Redmile Group LLC now owns 1,222,405 shares of the financial services provider’s stock worth $76,205,000 after buying an additional 131,010 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of eHealth by 27.2% during the 1st quarter. Victory Capital Management Inc. now owns 1,001,990 shares of the financial services provider’s stock worth $62,464,000 after buying an additional 214,475 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of eHealth by 6.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 727,294 shares of the financial services provider’s stock worth $27,941,000 after buying an additional 44,820 shares in the last quarter. Institutional investors own 98.03% of the company’s stock.

Several analysts have recently issued reports on EHTH shares. Credit Suisse Group started coverage on LTC Properties in a report on Wednesday. They set an “underperform” rating and a $19.00 price objective on the stock. Craig Hallum upgraded PROS from a “hold” rating to a “buy” rating and increased their price target for the company from $36.00 to $60.00 in a report on Friday, April 26th. SunTrust Banks increased their price target on eHealth to $120.00 and gave the company a “buy” rating in a report on Wednesday, May 15th. Royal Bank of Canada set a $147.00 price target on Ameriprise Financial and gave the company a “hold” rating in a report on Friday, April 26th. Finally, TheStreet lowered Trinity Industries from a “b” rating to a “c” rating in a report on Thursday, April 25th. Nine equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $92.13.

About eHealth

eHealth, Inc provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. The company operates through two segments, Medicare; and Individual, Family and Small Business. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase a range of health insurance plans.

Further Reading: Support Level

Insider Buying and Selling by Quarter for eHealth (NASDAQ:EHTH)

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