Robert S. Hurley Purchases 1,500 Shares of eHealth, Inc. (EHTH) Stock
eHealth, Inc. (NASDAQ:EHTH) insider Robert S. Hurley acquired 1,500 shares of eHealth stock in a transaction that occurred on Monday, March 12th. The stock was purchased at an average cost of $16.00 per share, for a total transaction of $24,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of eHealth, Inc. (NASDAQ EHTH) traded up $0.23 during trading hours on Wednesday, hitting $16.19. 15,924 shares of the stock were exchanged, compared to its average volume of 166,725. The stock has a market capitalization of $292.93, a price-to-earnings ratio of -11.79 and a beta of 1.69. eHealth, Inc. has a fifty-two week low of $10.41 and a fifty-two week high of $28.59.
eHealth (NASDAQ:EHTH) last issued its earnings results on Thursday, March 1st. The financial services provider reported ($0.93) EPS for the quarter, topping the Zacks’ consensus estimate of ($1.21) by $0.28. The business had revenue of $38.84 million for the quarter, compared to analyst estimates of $39.50 million. eHealth had a negative net margin of 14.74% and a negative return on equity of 27.04%. equities research analysts forecast that eHealth, Inc. will post 0.41 earnings per share for the current fiscal year.
Several large investors have recently modified their holdings of the company. BlackRock Inc. increased its position in shares of eHealth by 3.8% during the fourth quarter. BlackRock Inc. now owns 2,117,944 shares of the financial services provider’s stock worth $36,790,000 after acquiring an additional 77,966 shares during the period. Redmile Group LLC increased its position in shares of eHealth by 16.5% during the fourth quarter. Redmile Group LLC now owns 1,558,914 shares of the financial services provider’s stock worth $27,078,000 after acquiring an additional 221,291 shares during the period. Vanguard Group Inc. increased its position in shares of eHealth by 4.5% during the second quarter. Vanguard Group Inc. now owns 974,784 shares of the financial services provider’s stock worth $18,326,000 after acquiring an additional 42,288 shares during the period. Renaissance Technologies LLC increased its position in shares of eHealth by 3.6% during the fourth quarter. Renaissance Technologies LLC now owns 909,600 shares of the financial services provider’s stock worth $15,800,000 after acquiring an additional 31,300 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of eHealth by 1.7% during the second quarter. Dimensional Fund Advisors LP now owns 656,458 shares of the financial services provider’s stock worth $12,341,000 after acquiring an additional 11,026 shares during the period. 92.71% of the stock is currently owned by institutional investors and hedge funds.
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.
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