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 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.
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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