eHealth, Inc. (NASDAQ:EHTH) Insider Sells $539,700.00 in Stock

eHealth, Inc. (NASDAQ:EHTH) insider Robert S. Hurley sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 9th. The shares were sold at an average price of $89.95, for a total value of $539,700.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Robert S. Hurley also recently made the following trade(s):

  • On Monday, July 1st, Robert S. Hurley sold 1,500 shares of eHealth stock. The shares were sold at an average price of $87.82, for a total value of $131,730.00.
  • On Monday, June 3rd, Robert S. Hurley sold 1,500 shares of eHealth stock. The shares were sold at an average price of $70.34, for a total value of $105,510.00.

NASDAQ EHTH opened at $89.36 on Friday. The stock’s 50 day simple moving average is $77.64. eHealth, Inc. has a 12-month low of $22.30 and a 12-month high of $95.50. The firm has a market cap of $2.12 billion, a PE ratio of 141.84 and a beta of 1.23.

eHealth (NASDAQ:EHTH) last released its earnings results on Thursday, April 25th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.49. eHealth had a positive return on equity of 5.82% and a negative net margin of 0.03%. The company had revenue of $68.80 million for the quarter, compared to analysts’ expectations of $51.61 million. During the same quarter in the previous year, the firm posted ($0.07) EPS. The firm’s quarterly revenue was up 59.6% on a year-over-year basis. As a group, equities research analysts forecast that eHealth, Inc. will post 1.17 EPS for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in EHTH. Oregon Public Employees Retirement Fund bought a new position in shares of eHealth in the fourth quarter worth approximately $238,000. Prudential Financial Inc. grew its holdings in shares of eHealth by 1.4% in the fourth quarter. Prudential Financial Inc. now owns 27,115 shares of the financial services provider’s stock worth $1,042,000 after purchasing an additional 380 shares during the last quarter. California Public Employees Retirement System grew its holdings in shares of eHealth by 10.2% in the fourth quarter. California Public Employees Retirement System now owns 59,638 shares of the financial services provider’s stock worth $2,291,000 after purchasing an additional 5,539 shares during the last quarter. BlackRock Inc. grew its holdings in shares of eHealth by 2.3% in the fourth quarter. BlackRock Inc. now owns 2,565,558 shares of the financial services provider’s stock worth $98,568,000 after purchasing an additional 58,661 shares during the last quarter. Finally, Texas Permanent School Fund grew its holdings in shares of eHealth by 5.2% in the fourth quarter. Texas Permanent School Fund now owns 10,667 shares of the financial services provider’s stock worth $410,000 after purchasing an additional 532 shares during the last quarter. Institutional investors and hedge funds own 98.03% of the company’s stock.

Several research firms have issued reports on EHTH. Cantor Fitzgerald reiterated a “buy” rating and set a $107.00 target price on shares of Perrigo in a research report on Wednesday, May 8th. Zacks Investment Research cut EXACT Sciences from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. TheStreet cut Trinity Industries from a “b” rating to a “c” rating in a research report on Thursday, April 25th. BidaskClub upgraded Westport Fuel Systems from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Royal Bank of Canada set a $147.00 target price on Ameriprise Financial and gave the stock a “hold” rating in a research report on Friday, April 26th. Nine research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $92.13.

About eHealth

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.

Further Reading: Understanding Analyst Recommendations

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

Receive News & Ratings for eHealth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eHealth and related companies with MarketBeat.com's FREE daily email newsletter.