CloudAlpha Capital Management Limited Hong Kong Trims Stock Holdings in Teladoc Health, Inc. $TDOC

CloudAlpha Capital Management Limited Hong Kong trimmed its position in Teladoc Health, Inc. (NYSE:TDOCFree Report) by 89.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,920 shares of the health services provider’s stock after selling 274,023 shares during the period. CloudAlpha Capital Management Limited Hong Kong’s holdings in Teladoc Health were worth $287,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. National Bank of Canada FI grew its stake in Teladoc Health by 79.4% in the first quarter. National Bank of Canada FI now owns 3,571 shares of the health services provider’s stock worth $28,000 after purchasing an additional 1,581 shares during the period. SVB Wealth LLC purchased a new stake in Teladoc Health in the first quarter worth $37,000. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in Teladoc Health in the first quarter worth $50,000. Caitong International Asset Management Co. Ltd grew its stake in Teladoc Health by 8,192.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 8,292 shares of the health services provider’s stock worth $72,000 after purchasing an additional 8,192 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new stake in Teladoc Health in the second quarter worth $78,000. 76.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TDOC has been the topic of a number of recent research reports. Mizuho initiated coverage on Teladoc Health in a research note on Friday, July 25th. They issued a “neutral” rating and a $10.00 target price on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Teladoc Health in a research note on Wednesday, October 8th. Zacks Research raised Teladoc Health from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Citigroup increased their target price on Teladoc Health from $9.50 to $10.50 and gave the stock a “neutral” rating in a research note on Tuesday, October 21st. Finally, Evercore ISI cut their target price on Teladoc Health from $9.00 to $8.00 and set an “in-line” rating on the stock in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $9.73.

Get Our Latest Stock Report on Teladoc Health

Teladoc Health Stock Down 1.9%

TDOC stock opened at $7.99 on Wednesday. The company has a market cap of $1.42 billion, a price-to-earnings ratio of -6.24 and a beta of 1.92. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.60 and a current ratio of 2.70. The business’s 50-day moving average is $8.24 and its two-hundred day moving average is $7.74. Teladoc Health, Inc. has a fifty-two week low of $6.35 and a fifty-two week high of $15.21.

Teladoc Health (NYSE:TDOCGet Free Report) last announced its earnings results on Wednesday, October 29th. The health services provider reported ($0.21) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.05. The business had revenue of $626.44 million for the quarter, compared to analysts’ expectations of $625.66 million. Teladoc Health had a negative return on equity of 10.59% and a negative net margin of 8.84%.The business’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period last year, the firm posted ($0.19) earnings per share. Teladoc Health has set its Q4 2025 guidance at -0.250–0.100 EPS. As a group, analysts forecast that Teladoc Health, Inc. will post -1.16 earnings per share for the current year.

Teladoc Health Company Profile

(Free Report)

Teladoc Health, Inc provides virtual healthcare services worldwide. The company operates through Teladoc Health Integrated Care and BetterHelp segments. The Integrated Care segment offers virtual medical services, including general medical, expert medical, specialty medical, chronic condition management, and mental health, as well as enabling technologies and enterprise telehealth solutions for hospitals and health systems.

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Institutional Ownership by Quarter for Teladoc Health (NYSE:TDOC)

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