Dale B. Wolf Buys 1,000 Shares of eHealth, Inc. (NASDAQ:EHTH) Stock

eHealth, Inc. (NASDAQ:EHTH) Director Dale B. Wolf purchased 1,000 shares of eHealth stock in a transaction on Friday, September 6th. The shares were purchased at an average cost of $82.10 per share, with a total value of $82,100.00. Following the transaction, the director now owns 4,533 shares in the company, valued at $372,159.30. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

EHTH stock traded down $8.49 during mid-day trading on Monday, reaching $72.57. The company had a trading volume of 996,326 shares, compared to its average volume of 540,103. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of 115.19 and a beta of 1.11. eHealth, Inc. has a 52 week low of $26.46 and a 52 week high of $112.22. The stock has a 50 day simple moving average of $97.36 and a two-hundred day simple moving average of $75.22. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.12 and a quick ratio of 4.12.

eHealth (NASDAQ:EHTH) last announced its quarterly earnings data on Thursday, July 25th. The financial services provider reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.47. The company had revenue of $65.80 million for the quarter, compared to analysts’ expectations of $40.98 million. eHealth had a return on equity of 7.70% and a net margin of 1.99%. The business’s quarterly revenue was up 101.2% on a year-over-year basis. On average, equities analysts predict that eHealth, Inc. will post 1.34 EPS for the current year.

A number of research firms have recently issued reports on EHTH. SunTrust Banks set a $150.00 price objective on shares of eHealth and gave the company a “buy” rating in a report on Friday. Royal Bank of Canada increased their target price on shares of eHealth from $89.00 to $111.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Cantor Fitzgerald raised their target price on shares of eHealth from $100.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. Zacks Investment Research raised shares of eHealth from a “hold” rating to a “strong-buy” rating and set a $121.00 target price for the company in a research report on Wednesday, July 31st. Finally, Credit Suisse Group lifted their price target on shares of eHealth from $118.00 to $136.00 and gave the company an “outperform” rating in a research note on Tuesday, August 6th. One research analyst has rated the stock with a sell rating, eight have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $111.00.

A number of institutional investors and hedge funds have recently modified their holdings of EHTH. Quantamental Technologies LLC bought a new stake in eHealth during the first quarter worth $29,000. Joseph P. Lucia & Associates LLC bought a new position in shares of eHealth in the 2nd quarter valued at about $46,000. Cubist Systematic Strategies LLC bought a new position in shares of eHealth in the 2nd quarter valued at about $46,000. US Bancorp DE grew its position in shares of eHealth by 2,002.8% in the 2nd quarter. US Bancorp DE now owns 757 shares of the financial services provider’s stock valued at $65,000 after acquiring an additional 721 shares during the period. Finally, Anderson Fisher LLC acquired a new position in shares of eHealth during the 2nd quarter worth about $145,000. Institutional investors and hedge funds own 97.99% of the company’s stock.

About eHealth

eHealth, Inc provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. The company operates through two segments, Medicare; and Individual, Family and Small Business. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase a range of health insurance plans.

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Insider Buying and Selling by Quarter for eHealth (NASDAQ:EHTH)

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