Benjamin F. Edwards & Company Inc. bought a new stake in eHealth, Inc. (NASDAQ:EHTH) in the first quarter, HoldingsChannel reports. The fund bought 208 shares of the financial services provider’s stock, valued at approximately $29,000.

A number of other large investors have also bought and sold shares of the business. Strs Ohio acquired a new position in shares of eHealth during the fourth quarter worth about $38,000. Advisors Asset Management Inc. boosted its position in shares of eHealth by 271.2% during the fourth quarter. Advisors Asset Management Inc. now owns 464 shares of the financial services provider’s stock worth $45,000 after buying an additional 339 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of eHealth by 45.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 508 shares of the financial services provider’s stock worth $49,000 after buying an additional 158 shares during the period. Parallel Advisors LLC acquired a new position in shares of eHealth during the first quarter worth about $53,000. Finally, Aigen Investment Management LP acquired a new position in shares of eHealth during the fourth quarter worth about $108,000.

In other eHealth news, Director Michael Goldberg sold 2,000 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $110.00, for a total transaction of $220,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have sold 8,750 shares of company stock worth $986,250. Corporate insiders own 5.00% of the company’s stock.

Shares of NASDAQ EHTH opened at $128.17 on Friday. The firm has a market cap of $3.28 billion, a P/E ratio of 42.87 and a beta of 0.02. The company has a current ratio of 6.12, a quick ratio of 6.12 and a debt-to-equity ratio of 0.05. eHealth, Inc. has a 1-year low of $52.71 and a 1-year high of $152.19. The business’s 50 day moving average is $118.50 and its 200-day moving average is $106.92.

eHealth (NASDAQ:EHTH) last announced its earnings results on Thursday, April 23rd. The financial services provider reported $0.39 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.17. eHealth had a return on equity of 15.00% and a net margin of 13.88%. The company had revenue of $106.40 million for the quarter, compared to analyst estimates of $88.39 million. During the same quarter last year, the company earned $0.33 earnings per share. The firm’s quarterly revenue was up 54.7% compared to the same quarter last year. Analysts forecast that eHealth, Inc. will post 2.27 EPS for the current year.

EHTH has been the subject of several recent research reports. Deutsche Bank reduced their price objective on eHealth from $177.00 to $170.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Credit Suisse Group started coverage on eHealth in a research report on Friday, April 24th. They set a “buy” rating and a $174.00 price objective for the company. Royal Bank of Canada increased their price target on eHealth from $132.00 to $166.00 and gave the company an “outperform” rating in a research report on Friday, February 21st. BidaskClub cut eHealth from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, April 8th. Finally, TheStreet cut eHealth from a “b” rating to a “c+” rating in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $165.45.

eHealth Company Profile

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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Institutional Ownership by Quarter for eHealth (NASDAQ:EHTH)

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