Public Sector Pension Investment Board held its position in eHealth, Inc. (NASDAQ:EHTH) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,797 shares of the financial services provider’s stock at the end of the fourth quarter. Public Sector Pension Investment Board owned about 0.06% of eHealth worth $126,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of EHTH. Comerica Bank increased its stake in shares of eHealth by 5.9% in the fourth quarter. Comerica Bank now owns 17,737 shares of the financial services provider’s stock valued at $221,000 after buying an additional 989 shares during the last quarter. Palisade Capital Management LLC NJ bought a new stake in shares of eHealth during the third quarter valued at $794,000. J. Goldman & Co LP bought a new stake in shares of eHealth during the fourth quarter valued at $959,000. California Public Employees Retirement System boosted its position in eHealth by 5.6% in the third quarter. California Public Employees Retirement System now owns 104,100 shares of the financial services provider’s stock valued at $1,167,000 after buying an additional 5,500 shares during the period. Finally, Granite Investment Partners LLC boosted its position in eHealth by 6.6% in the third quarter. Granite Investment Partners LLC now owns 107,043 shares of the financial services provider’s stock valued at $1,200,000 after buying an additional 6,628 shares during the period. 88.47% of the stock is owned by institutional investors and hedge funds.
eHealth, Inc. (NASDAQ:EHTH) traded down 0.09% during midday trading on Friday, hitting $10.89. The stock had a trading volume of 93,583 shares. eHealth, Inc. has a 12-month low of $6.38 and a 12-month high of $15.14. The company’s market cap is $199.91 million. The firm has a 50-day moving average of $11.28 and a 200-day moving average of $10.91.
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Several research firms have recently issued reports on EHTH. Cantor Fitzgerald reissued a “buy” rating and set a $15.00 target price on shares of eHealth in a research note on Thursday, March 23rd. Zacks Investment Research downgraded eHealth from a “hold” rating to a “strong sell” rating in a report on Friday, February 24th. Jefferies Group LLC reissued a “hold” rating and issued a $11.50 target price on shares of eHealth in a report on Thursday, March 30th. Finally, Craig Hallum upgraded eHealth from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Wednesday, January 11th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. eHealth currently has an average rating of “Hold” and an average target price of $14.90.
In related news, insider James E. Flynn sold 232,101 shares of eHealth stock in a transaction on Tuesday, April 11th. The shares were sold at an average price of $11.38, for a total transaction of $2,641,309.38. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider James E. Flynn sold 150,000 shares of the business’s stock in a transaction on Thursday, April 13th. The stock was sold at an average price of $11.00, for a total transaction of $1,650,000.00. The disclosure for this sale can be found here. Insiders own 6.22% of the company’s stock.
eHealth Company Profile
eHealth, Inc provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers side-by-side, and purchase and enroll in coverage online through its Websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com) or telephonically through its customer care centers.
