Anthem, Inc. $ANTX Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC lowered its stake in shares of Anthem, Inc. (NASDAQ:ANTX) by 41.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 198,800 shares of the company’s stock after selling 139,800 shares during the quarter. Renaissance Technologies LLC owned 0.55% of Anthem worth $680,000 as of its most recent filing with the Securities and Exchange Commission.

Analysts Set New Price Targets

Several analysts have recently weighed in on ANTX shares. Leerink Partners raised Anthem from a “market perform” rating to an “outperform” rating and set a $9.00 target price for the company in a report on Thursday, May 14th. Wall Street Zen upgraded Anthem from a “sell” rating to a “hold” rating in a research note on Sunday, June 14th. Weiss Ratings reissued a “sell (d-)” rating on shares of Anthem in a research report on Monday, July 6th. Finally, Guggenheim assumed coverage on shares of Anthem in a research note on Monday, July 20th. They issued a “buy” rating and a $9.00 price objective on the stock. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $9.00.

Anthem Price Performance

Shares of Anthem stock opened at $5.99 on Monday. Anthem, Inc. has a 1 year low of $1.00 and a 1 year high of $7.19. The business has a 50 day moving average price of $5.00 and a 200 day moving average price of $3.85. The company has a market capitalization of $226.06 million, a P/E ratio of -5.60 and a beta of -0.99.

Anthem (NASDAQ:ANTX) last announced its earnings results on Tuesday, August 11th. The company reported ($0.18) EPS for the quarter.

About Anthem

Anthem, Inc, through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial & Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small group, individual, Medicaid, and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; traditional indemnity plans and other hybrid plans, such as consumer-driven health plans; and hospital only and limited benefit products.