eHealth, Inc. (NASDAQ:EHTH) Director Beth A. Brooke purchased 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was bought at an average cost of $82.24 per share, with a total value of $82,240.00. Following the acquisition, the director now owns 2,460 shares in the company, valued at approximately $202,310.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

eHealth stock opened at $81.06 on Friday. eHealth, Inc. has a 52-week low of $26.18 and a 52-week high of $112.22. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 128.67 and a beta of 1.11. The company has a fifty day simple moving average of $97.36 and a 200-day simple moving average of $75.22. The company has a quick ratio of 4.12, a current ratio of 4.12 and a debt-to-equity ratio of 0.08.

eHealth (NASDAQ:EHTH) last released its earnings results on Thursday, July 25th. The financial services provider reported ($0.06) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.53) by $0.47. eHealth had a net margin of 1.99% and a return on equity of 7.70%. The business had revenue of $65.80 million during the quarter, compared to analyst estimates of $40.98 million. The business’s revenue was up 101.2% compared to the same quarter last year. On average, research analysts anticipate that eHealth, Inc. will post 1.34 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in EHTH. BlackRock Inc. lifted its position in eHealth by 1.0% in the second quarter. BlackRock Inc. now owns 2,952,554 shares of the financial services provider’s stock valued at $254,213,000 after buying an additional 29,842 shares during the last quarter. Natixis acquired a new position in eHealth in the second quarter valued at about $373,000. Perceptive Advisors LLC lifted its position in eHealth by 33.2% in the second quarter. Perceptive Advisors LLC now owns 385,982 shares of the financial services provider’s stock valued at $33,233,000 after buying an additional 96,125 shares during the last quarter. Royal Bank of Canada lifted its position in eHealth by 33.8% in the second quarter. Royal Bank of Canada now owns 13,504 shares of the financial services provider’s stock valued at $1,162,000 after buying an additional 3,415 shares during the last quarter. Finally, White Pine Capital LLC lifted its position in eHealth by 4.8% in the second quarter. White Pine Capital LLC now owns 66,780 shares of the financial services provider’s stock valued at $5,750,000 after buying an additional 3,035 shares during the last quarter. 95.31% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently commented on EHTH. Zacks Investment Research raised shares of eHealth from a “hold” rating to a “strong-buy” rating and set a $121.00 price target for the company in a report on Wednesday, July 31st. Cantor Fitzgerald boosted their price target on shares of eHealth from $100.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. Royal Bank of Canada boosted their price target on shares of eHealth from $89.00 to $111.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. SunTrust Banks upped their target price on shares of eHealth to $150.00 and gave the stock a “positive” rating in a report on Friday, July 26th. Finally, BidaskClub lowered shares of eHealth from a “hold” rating to a “sell” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. eHealth has a consensus rating of “Buy” and an average price target of $111.00.

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

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