Insider Selling: Health Insurance Innovations CEO Unloads 14,480 Shares of Stock (HIIQ)
Health Insurance Innovations (NASDAQ:HIIQ) CEO Michael W. Kosloske sold 14,480 shares of Health Insurance Innovations stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $11.18, for a total value of $161,886.40. Following the transaction, the chief executive officer now directly owns 72,375 shares of the company’s stock, valued at approximately $809,153. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Raymond James cut their price target on shares of Health Insurance Innovations from $17.00 to $16.50 in a research note to investors on Wednesday, November 13th.
Shares of Health Insurance Innovations (NASDAQ:HIIQ) traded down 1.61% during mid-day trading on Thursday, hitting $10.98. The stock had a trading volume of 39,015 shares. Health Insurance Innovations has a one year low of $8.39 and a one year high of $15.86. The stock has a 50-day moving average of $10.69 and a 200-day moving average of $11.4. The company’s market cap is $57.8 million.
Health Insurance Innovations (NASDAQ:HIIQ) last released its earnings data on Monday, November 11th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.10 by $0.02. The company had revenue of $14.70 million for the quarter, compared to the consensus estimate of $13.17 million. On average, analysts predict that Health Insurance Innovations will post $-0.79 earnings per share for the current fiscal year.
Health Insurance Innovations, Inc is a developer and administrator of Web-based individual health insurance plans and ancillary products.
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