Great West Life Assurance Co. Can Maintains Position in eHealth, Inc. (EHTH)

Great West Life Assurance Co. Can held its stake in shares of eHealth, Inc. (NASDAQ:EHTH) during the first quarter, Holdings Channel reports. The firm owned 21,399 shares of the financial services provider’s stock at the end of the first quarter. Great West Life Assurance Co. Can’s holdings in eHealth were worth $257,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Renaissance Technologies LLC raised its position in eHealth by 4.7% in the fourth quarter. Renaissance Technologies LLC now owns 789,500 shares of the financial services provider’s stock worth $8,408,000 after buying an additional 35,800 shares during the period. Dimensional Fund Advisors LP raised its position in eHealth by 3.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 588,665 shares of the financial services provider’s stock worth $6,269,000 after buying an additional 19,629 shares during the period. State Street Corp raised its position in eHealth by 6.3% in the fourth quarter. State Street Corp now owns 350,109 shares of the financial services provider’s stock worth $3,725,000 after buying an additional 20,695 shares during the period. Two Sigma Investments LP raised its position in eHealth by 290.7% in the fourth quarter. Two Sigma Investments LP now owns 80,674 shares of the financial services provider’s stock worth $859,000 after buying an additional 60,023 shares during the period. Finally, Teachers Advisors LLC raised its position in eHealth by 8.1% in the fourth quarter. Teachers Advisors LLC now owns 31,136 shares of the financial services provider’s stock worth $332,000 after buying an additional 2,337 shares during the period. 93.65% of the stock is owned by institutional investors and hedge funds.

Shares of eHealth, Inc. (NASDAQ EHTH) opened at 18.11 on Tuesday. The stock has a market capitalization of $333.79 million, a P/E ratio of 31.83 and a beta of 1.56. The stock has a 50 day moving average price of $17.89 and a 200 day moving average price of $13.05. eHealth, Inc. has a 12-month low of $6.38 and a 12-month high of $19.28.

eHealth (NASDAQ:EHTH) last posted its quarterly earnings data on Thursday, April 27th. The financial services provider reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $1.55. eHealth had a net margin of 5.47% and a return on equity of 11.84%. The company had revenue of $78.94 million for the quarter, compared to the consensus estimate of $69.97 million. During the same quarter in the previous year, the firm posted $1.10 EPS. The business’s revenue was up 6.9% compared to the same quarter last year. On average, equities analysts anticipate that eHealth, Inc. will post ($1.01) earnings per share for the current fiscal year.

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A number of research analysts recently issued reports on the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $15.00 target price on shares of eHealth in a report on Monday, February 27th. Jefferies Group LLC lifted their target price on eHealth from $15.00 to $20.00 and gave the company a “hold” rating in a report on Thursday, May 11th. Zacks Investment Research upgraded eHealth from a “strong sell” rating to a “hold” rating in a report on Friday, April 28th. Finally, TheStreet upgraded eHealth from a “d+” rating to a “c” rating in a report on Thursday, April 27th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $18.40.

In other news, insider James E. Flynn sold 426,954 shares of the business’s stock in a transaction dated Thursday, April 27th. The shares were sold at an average price of $11.66, for a total transaction of $4,978,283.64. The transaction was disclosed in a filing 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 dated 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. In the last 90 days, insiders have sold 809,055 shares of company stock worth $9,269,593. Insiders own 3.26% 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.

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Institutional Ownership by Quarter for eHealth (NASDAQ:EHTH)

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