eHealth, Inc. (NASDAQ:EHTH) CEO Scott N. Flanders sold 34,005 shares of the stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $60.95, for a total value of $2,072,604.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of NASDAQ:EHTH opened at $65.02 on Thursday. eHealth, Inc. has a 52-week low of $18.35 and a 52-week high of $73.71. The company has a market capitalization of $1.33 billion, a PE ratio of 103.21 and a beta of 1.33.

eHealth (NASDAQ:EHTH) last posted its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.33 earnings per share for the quarter, beating the Zacks’ 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 during the quarter, compared to analyst estimates of $51.61 million. During the same quarter last year, the company earned ($0.07) EPS. The firm’s revenue for the quarter was up 59.6% on a year-over-year basis. On average, research analysts expect that eHealth, Inc. will post 1.17 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of EHTH. Victory Capital Management Inc. increased its position in eHealth by 3,648.3% during the 4th quarter. Victory Capital Management Inc. now owns 787,515 shares of the financial services provider’s stock valued at $30,256,000 after buying an additional 766,505 shares in the last quarter. Emerald Advisers LLC purchased a new stake in eHealth during the 1st quarter valued at $23,504,000. BlackRock Inc. boosted its stake in eHealth by 13.9% during the 1st quarter. BlackRock Inc. now owns 2,922,712 shares of the financial services provider’s stock valued at $182,203,000 after purchasing an additional 357,154 shares during the last quarter. Toronado Partners LLC purchased a new stake in eHealth during the 4th quarter valued at $13,597,000. Finally, Emerald Mutual Fund Advisers Trust purchased a new stake in eHealth during the 1st quarter valued at $21,763,000. 84.55% of the stock is owned by institutional investors.

Several research analysts have recently issued reports on EHTH shares. SunTrust Banks increased their target price on eHealth to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Cantor Fitzgerald reissued an “overweight” rating and issued a $56.00 target price on shares of eHealth in a research report on Wednesday, January 23rd. Zacks Investment Research raised eHealth from a “hold” rating to a “buy” rating and set a $68.00 target price for the company in a research report on Friday, February 1st. Evercore ISI started coverage on eHealth in a research report on Monday, February 4th. They issued an “outperform” rating and a $75.00 target price for the company. Finally, ValuEngine raised eHealth from a “hold” rating to a “buy” rating in a research report on Saturday, February 2nd. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $86.57.

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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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