Health Insurance Innovations Inc. (NASDAQ:HIIQ) fell 0.2% on Monday . The company traded as low as $4.02 and last traded at $4.08, with a volume of 79,667 shares trading hands. The stock had previously closed at $4.07.

A number of brokerages recently weighed in on HIIQ. Northland Securities began coverage on shares of Health Insurance Innovations in a research note on Tuesday, June 7th. They issued an “outperform” rating on the stock. Raymond James Financial Inc. downgraded shares of Health Insurance Innovations from a “strong-buy” rating to a “market perform” rating in a research note on Thursday, June 9th. TheStreet raised shares of Health Insurance Innovations from a “sell” rating to a “hold” rating in a research note on Monday, May 23rd. Finally, Zacks Investment Research raised shares of Health Insurance Innovations from a “hold” rating to a “strong-buy” rating and set a $7.25 target price on the stock in a research note on Thursday, May 12th.

The firm has a market cap of $31.23 million and a price-to-earnings ratio of 21.05. The company’s 50-day moving average price is $5.34 and its 200 day moving average price is $5.88.

Health Insurance Innovations (NASDAQ:HIIQ) last issued its earnings results on Monday, May 9th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.14. On average, equities analysts predict that Health Insurance Innovations Inc. will post $0.43 EPS for the current fiscal year.

In other news, major shareholder Cannell Capital Llc purchased 11,144 shares of the stock in a transaction that occurred on Wednesday, June 29th. The shares were acquired at an average price of $3.94 per share, for a total transaction of $43,907.36. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Health Insurance Innovations, Inc is a developer, distributor and virtual administrator of individual and family health insurance plans and supplemental products. The Company sells individual and family insurance plans (IFP) that include short-term medical (STM) insurance plans and hospital indemnity plans.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.