NeueHealth, Inc. (NYSE:NEUE) CFO Jay Matushak Sells 1,860 Shares of Stock

NeueHealth, Inc. (NYSE:NEUE) CFO Jay Matushak sold 1,860 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $7.19, for a total value of $13,373.40. Following the sale, the chief financial officer now owns 22,227 shares of the company’s stock, valued at $159,812.13. The trade was a 7.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Jay Matushak also recently made the following trade(s):

• On Monday, January 6th, Jay Matushak sold 4,970 shares of NeueHealth stock. The stock was sold at an average price of $7.33, for a total value of $36,430.10.

NeueHealth Stock Up 0.3 %

Shares of NYSE:NEUE opened at $6.92 on Wednesday. The business has a fifty day moving average of $7.33 and a two-hundred day moving average of $5.99. The stock has a market cap of $57.33 million, a P/E ratio of -0.14 and a beta of 0.56. NeueHealth, Inc. has a 52-week low of $3.79 and a 52-week high of $8.32.

Institutional Trading of NeueHealth

Several large investors have recently added to or reduced their stakes in NEUE. Virtu Financial LLC purchased a new stake in NeueHealth in the 4th quarter valued at $76,000. Northern Trust Corp grew its holdings in NeueHealth by 66.8% in the 4th quarter. Northern Trust Corp now owns 32,644 shares of the company’s stock valued at $242,000 after buying an additional 13,074 shares in the last quarter. Finally, Partners Group Holding AG acquired a new position in shares of NeueHealth in the 3rd quarter valued at $463,000. 63.88% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Royal Bank of Canada dropped their target price on NeueHealth from $8.00 to $7.00 and set a “sector perform” rating for the company in a report on Monday, December 9th.

About NeueHealth

NeueHealth, Inc, a healthcare company, provides various healthcare services for health consumers, providers, and payors in the United States. It operates through two segments: NeueCare and NeueSolutions. The NeueCare segment delivers healthcare services to ACA marketplace, medicare, and medicaid through owned and affiliated clinics.