Algert Global LLC Has $181,000 Stock Position in eHealth, Inc. (NASDAQ:EHTH)

Algert Global LLC cut its stake in shares of eHealth, Inc. (NASDAQ:EHTH) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,213 shares of the financial services provider’s stock after selling 2,290 shares during the period. Algert Global LLC owned about 0.06% of eHealth worth $181,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of EHTH. R Squared Ltd bought a new stake in eHealth during the 4th quarter worth $29,000. Prudential Financial Inc. acquired a new stake in shares of eHealth during the fourth quarter valued at about $111,000. XTX Topco Ltd bought a new stake in shares of eHealth during the fourth quarter worth about $145,000. Barclays PLC increased its stake in shares of eHealth by 104.3% in the third quarter. Barclays PLC now owns 47,445 shares of the financial services provider’s stock valued at $194,000 after buying an additional 24,224 shares during the period. Finally, Paloma Partners Management Co bought a new position in eHealth in the 4th quarter valued at approximately $210,000. 79.54% of the stock is currently owned by institutional investors.

eHealth Trading Down 11.1%

NASDAQ:EHTH opened at $4.96 on Wednesday. eHealth, Inc. has a 52 week low of $3.58 and a 52 week high of $11.36. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.10 and a current ratio of 3.10. The firm’s fifty day moving average is $6.36 and its 200-day moving average is $7.36. The firm has a market cap of $150.42 million, a P/E ratio of -1.74 and a beta of 1.11.

eHealth (NASDAQ:EHTH) last issued its quarterly earnings results on Wednesday, May 7th. The financial services provider reported ($0.33) EPS for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.08. eHealth had a negative net margin of 7.58% and a negative return on equity of 5.70%. The business had revenue of $113.12 million for the quarter, compared to analysts’ expectations of $99.46 million. Equities analysts expect that eHealth, Inc. will post -2.17 earnings per share for the current year.

Analyst Ratings Changes

EHTH has been the topic of a number of research reports. UBS Group reduced their target price on shares of eHealth from $9.50 to $7.00 and set a “neutral” rating on the stock in a report on Thursday, May 8th. StockNews.com downgraded eHealth from a “buy” rating to a “hold” rating in a report on Sunday. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, eHealth has a consensus rating of “Hold” and an average target price of $6.75.

About eHealth

eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.