Health Insurance Innovations (NASDAQ:HIIQ) Director Anthony Barkett acquired 5,512 shares of the firm’s stock in a transaction on Tuesday, December 11th. The shares were acquired at an average price of $6.40 per share, with a total value of $35,276.80. Following the completion of the purchase, the director now owns 6,512 shares in the company, valued at approximately $41,676.80. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Anthony Barkett also recently made the following trade(s):

  • On Saturday, September 15th, Anthony Barkett acquired 13,574 shares of Health Insurance Innovations stock. The shares were acquired at an average price of $22.00 per share, with a total value of $298,628.00.

HIIQ opened at $28.35 on Wednesday. Health Insurance Innovations has a 1 year low of $12.65 and a 1 year high of $37.38. The firm has a market capitalization of $463.19, a P/E ratio of 20.25 and a beta of 0.41.

Health Insurance Innovations (NASDAQ:HIIQ) last posted its earnings results on Wednesday, February 28th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.03. Health Insurance Innovations had a net margin of 7.14% and a return on equity of 21.27%. The firm had revenue of $69.50 million during the quarter, compared to analysts’ expectations of $59.93 million. Health Insurance Innovations’s quarterly revenue was up 35.2% on a year-over-year basis. research analysts anticipate that Health Insurance Innovations will post 1.95 earnings per share for the current year.

HIIQ has been the subject of several research reports. ValuEngine cut shares of Health Insurance Innovations from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Zacks Investment Research upgraded shares of Health Insurance Innovations from a “sell” rating to a “hold” rating in a research note on Wednesday, January 17th. BidaskClub upgraded shares of Health Insurance Innovations from a “hold” rating to a “buy” rating in a research note on Tuesday, January 23rd. Finally, B. Riley started coverage on shares of Health Insurance Innovations in a research note on Tuesday, February 13th. They issued a “buy” rating and a $38.00 target price for the company. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $42.62.

Several institutional investors and hedge funds have recently bought and sold shares of HIIQ. CAS Investment Partners LLC acquired a new position in shares of Health Insurance Innovations in the 4th quarter valued at $18,717,000. Lyon Street Capital LLC lifted its stake in shares of Health Insurance Innovations by 55.2% in the 4th quarter. Lyon Street Capital LLC now owns 1,453,484 shares of the financial services provider’s stock valued at $36,264,000 after purchasing an additional 516,737 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Health Insurance Innovations by 131.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 668,208 shares of the financial services provider’s stock valued at $16,672,000 after purchasing an additional 379,308 shares during the period. Tenzing Global Management LLC lifted its stake in shares of Health Insurance Innovations by 346.4% in the 4th quarter. Tenzing Global Management LLC now owns 312,500 shares of the financial services provider’s stock valued at $7,797,000 after purchasing an additional 242,500 shares during the period. Finally, Bowling Portfolio Management LLC purchased a new stake in Health Insurance Innovations in the 4th quarter worth $2,608,000. Hedge funds and other institutional investors own 79.36% of the company’s stock.

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About Health Insurance Innovations

Health Insurance Innovations, Inc operates as a cloud-based technology platform and distributor of individual and family health insurance plans, and supplemental products in the United States. It offers short-term medical plans that provides three months of health insurance coverage with various deductible and copay levels; health benefit insurance plans, which offer daily cash benefit for hospital treatment and doctor office visits, as well as accidental injury and death or dismemberment benefits; and supplemental insurance products, including pharmacy benefit cards, dental plans, vision plans, cancer/critical illness plans, deductible and gap protection plans, and life insurance policies.

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

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