New York State Teachers Retirement System cut its stake in eHealth, Inc. (NASDAQ:EHTH) by 1.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,825 shares of the financial services provider’s stock after selling 1,100 shares during the period. New York State Teachers Retirement System owned approximately 0.31% of eHealth worth $684,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in EHTH. Vanguard Group Inc. increased its stake in shares of eHealth by 5.9% in the first quarter. Vanguard Group Inc. now owns 932,496 shares of the financial services provider’s stock valued at $11,227,000 after buying an additional 52,357 shares during the period. Cannell Capital LLC increased its stake in shares of eHealth by 37.2% in the first quarter. Cannell Capital LLC now owns 916,364 shares of the financial services provider’s stock valued at $11,033,000 after buying an additional 248,417 shares during the period. Renaissance Technologies LLC increased its stake in shares of eHealth by 11.3% in the first quarter. Renaissance Technologies LLC now owns 878,900 shares of the financial services provider’s stock valued at $10,582,000 after buying an additional 89,400 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of eHealth by 9.6% in the first quarter. Dimensional Fund Advisors LP now owns 645,432 shares of the financial services provider’s stock valued at $7,771,000 after buying an additional 56,767 shares during the period. Finally, Cowen Prime Services LLC increased its stake in shares of eHealth by 1.4% in the first quarter. Cowen Prime Services LLC now owns 615,850 shares of the financial services provider’s stock valued at $7,415,000 after buying an additional 8,600 shares during the period. Institutional investors own 93.59% of the company’s stock.

Shares of eHealth, Inc. (NASDAQ:EHTH) opened at 18.79 on Tuesday. eHealth, Inc. has a one year low of $6.38 and a one year high of $19.53. The firm has a 50 day moving average price of $18.46 and a 200 day moving average price of $14.38. The company has a market capitalization of $346.32 million, a P/E ratio of 33.02 and a beta of 1.59.

eHealth (NASDAQ:EHTH) last posted its quarterly earnings data on Thursday, April 27th. The financial services provider reported $1.81 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $1.55. eHealth had a return on equity of 11.84% and a net margin of 5.47%. The firm had revenue of $78.94 million during the quarter, compared to analyst estimates of $69.97 million. During the same period last year, the company posted $1.10 EPS. The business’s quarterly revenue was up 6.9% on a year-over-year basis. On average, equities research analysts predict that eHealth, Inc. will post ($1.01) EPS for the current fiscal year.

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EHTH has been the subject of several recent analyst reports. Zacks Investment Research upgraded eHealth from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Wednesday, July 12th. Cantor Fitzgerald restated a “buy” rating and issued a $20.00 price target on shares of eHealth in a report on Thursday, May 11th. TheStreet upgraded eHealth from a “d+” rating to a “c” rating in a report on Thursday, April 27th. BidaskClub upgraded eHealth from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. Finally, Jefferies Group LLC restated a “hold” rating and issued a $11.50 price target on shares of eHealth in a report on Thursday, March 30th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $18.00.

In related news, insider James E. Flynn sold 426,954 shares of the business’s stock in a transaction dated Thursday, April 27th. The stock was sold at an average price of $11.66, for a total value of $4,978,283.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.26% of the company’s stock.

About eHealth

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.

Institutional Ownership by Quarter for eHealth (NASDAQ:EHTH)

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