National Planning Corp bought a new position in NantHealth Inc (NYSE:NH) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 114,500 shares of the company’s stock, valued at approximately $473,000.

Other large investors have also bought and sold shares of the company. TIAA CREF Investment Management LLC raised its stake in NantHealth by 68.6% in the first quarter. TIAA CREF Investment Management LLC now owns 20,200 shares of the company’s stock worth $100,000 after buying an additional 8,217 shares in the last quarter. Bank of America Corp DE raised its stake in NantHealth by 366.4% in the first quarter. Bank of America Corp DE now owns 25,069 shares of the company’s stock worth $125,000 after buying an additional 19,694 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in NantHealth during the first quarter worth $457,000. Capital Impact Advisors LLC acquired a new stake in NantHealth during the first quarter worth $583,000. Finally, Highbridge Capital Management LLC acquired a new stake in NantHealth during the first quarter worth $998,000.

Shares of NantHealth Inc (NYSE:NH) opened at 3.49 on Friday. The company’s market capitalization is $425.62 million. The firm has a 50-day moving average of $4.23 and a 200-day moving average of $4.82. NantHealth Inc has a 12 month low of $2.94 and a 12 month high of $15.80.

NantHealth (NYSE:NH) last issued its earnings results on Thursday, August 10th. The company reported ($0.58) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by $0.32. The firm had revenue of $26.23 million during the quarter, compared to analysts’ expectations of $31.28 million. NantHealth had a negative return on equity of 42.22% and a negative net margin of 182.66%. The firm’s quarterly revenue was down 16.7% on a year-over-year basis. During the same period last year, the firm posted ($0.15) earnings per share. On average, equities analysts predict that NantHealth Inc will post ($0.63) earnings per share for the current year.

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Separately, Jefferies Group LLC reaffirmed a “buy” rating and issued a $5.50 price objective (down from $8.00) on shares of NantHealth in a research report on Monday, June 19th. Five analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average target price of $9.45.

NantHealth Company Profile

NantHealth, Inc is a healthcare cloud-based information technology (IT) company. The Company is engaged in converging science and technology through a single integrated clinical platform, to provide actionable health information at the point of care. The Company offers the Genomic Proteomic Spectrometry (GPS) Cancer test, a molecular test and decision support solution that measures the proteins present in the patient’s tumor tissue, combined with whole genomic and transcriptomic sequencing of tumor and normal samples.

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Institutional Ownership by Quarter for NantHealth (NYSE:NH)

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