Health Insurance Innovations, Inc. (NASDAQ:HIIQ) CEO Bruce Telkamp sold 11,501 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $31.45, for a total value of $361,706.45. Following the transaction, the chief executive officer now directly owns 17,500 shares in the company, valued at approximately $550,375. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Bruce Telkamp also recently made the following trade(s):

  • On Wednesday, August 2nd, Bruce Telkamp sold 15,000 shares of Health Insurance Innovations stock. The stock was sold at an average price of $26.27, for a total value of $394,050.00.
  • On Monday, July 31st, Bruce Telkamp sold 15,000 shares of Health Insurance Innovations stock. The stock was sold at an average price of $27.76, for a total value of $416,400.00.
  • On Monday, July 24th, Bruce Telkamp sold 15,000 shares of Health Insurance Innovations stock. The stock was sold at an average price of $27.76, for a total value of $416,400.00.
  • On Wednesday, July 26th, Bruce Telkamp sold 30,000 shares of Health Insurance Innovations stock. The stock was sold at an average price of $28.30, for a total value of $849,000.00.
  • On Monday, July 17th, Bruce Telkamp sold 15,000 shares of Health Insurance Innovations stock. The stock was sold at an average price of $26.50, for a total value of $397,500.00.
  • On Tuesday, July 18th, Bruce Telkamp sold 30,000 shares of Health Insurance Innovations stock. The stock was sold at an average price of $26.68, for a total value of $800,400.00.
  • On Friday, May 26th, Bruce Telkamp sold 3,901 shares of Health Insurance Innovations stock. The stock was sold at an average price of $22.60, for a total value of $88,162.60.
  • On Friday, May 12th, Bruce Telkamp sold 18,745 shares of Health Insurance Innovations stock. The stock was sold at an average price of $21.94, for a total value of $411,265.30.

Shares of Health Insurance Innovations, Inc. (NASDAQ HIIQ) traded down 1.27% during midday trading on Wednesday, hitting $31.00. The stock had a trading volume of 495,506 shares. The company has a market cap of $358.05 million, a price-to-earnings ratio of 25.08 and a beta of 0.68. The stock’s 50-day moving average price is $25.90 and its 200 day moving average price is $20.28. Health Insurance Innovations, Inc. has a 52 week low of $3.92 and a 52 week high of $32.95.

Health Insurance Innovations (NASDAQ:HIIQ) last issued its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.13. Health Insurance Innovations had a net margin of 5.56% and a return on equity of 23.92%. The company had revenue of $61.80 million during the quarter, compared to analyst estimates of $53.69 million. The company’s revenue was up 38.9% on a year-over-year basis. On average, equities analysts forecast that Health Insurance Innovations, Inc. will post $1.53 earnings per share for the current year.

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Several large investors have recently modified their holdings of the company. Tudor Investment Corp ET AL bought a new stake in shares of Health Insurance Innovations during the first quarter valued at about $648,000. Dialectic Capital Management LP raised its stake in shares of Health Insurance Innovations by 39.7% in the first quarter. Dialectic Capital Management LP now owns 496,300 shares of the financial services provider’s stock valued at $7,941,000 after buying an additional 141,083 shares during the last quarter. Menta Capital LLC bought a new stake in shares of Health Insurance Innovations during the first quarter valued at about $909,000. Emerald Mutual Fund Advisers Trust bought a new stake in shares of Health Insurance Innovations during the first quarter valued at about $6,383,000. Finally, Millrace Asset Group Inc. bought a new stake in shares of Health Insurance Innovations during the first quarter valued at about $1,840,000. Institutional investors own 72.13% of the company’s stock.

A number of equities analysts have weighed in on the company. TheStreet raised Health Insurance Innovations from a “c” rating to a “b-” rating in a research report on Monday, May 22nd. Cantor Fitzgerald reissued an “overweight” rating and set a $35.00 price target (up previously from $30.00) on shares of Health Insurance Innovations in a research report on Monday, July 17th. UBS AG raised Health Insurance Innovations to an “outperform” rating in a research report on Thursday, May 4th. Zacks Investment Research downgraded Health Insurance Innovations from a “buy” rating to a “hold” rating in a research report on Thursday, June 1st. Finally, Raymond James Financial, Inc. reissued a “market perform” rating on shares of Health Insurance Innovations in a research report on Monday, June 26th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $30.83.

About Health Insurance Innovations

Health Insurance Innovations, Inc is a developer, distributor and cloud-based administrator of individual and family health insurance plans (IFPs) and supplemental products, which include short-term medical (STM) insurance plans, and guaranteed-issue and underwritten hospital indemnity plans. The Company also develops, distributes and administers supplemental products, which include a range of additional insurance and non-insurance products, such as pharmacy benefit cards, dental plans, vision plans, cancer/critical illness plans, deductible and gap protection plans, and life insurance policies that are purchased as supplements to IFP.

Insider Buying and Selling by Quarter for Health Insurance Innovations (NASDAQ:HIIQ)

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