Share on StockTwits

eHealth (NASDAQ:EHTH) Director Jack L. Oliver III sold 3,038 shares of the company’s stock on the open market in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $35.10, for a total transaction of $106,633.80. Following the completion of the transaction, the director now directly owns 35,163 shares in the company, valued at approximately $1,234,221. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on EHTH shares. Analysts at Jefferies Group downgraded shares of eHealth from a “buy” rating to a “hold” rating in a research note on Tuesday, June 10th. They now have a $40.00 price target on the stock, down previously from $62.00. Separately, analysts at Zacks upgraded shares of eHealth from an “underperform” rating to a “neutral” rating in a research note on Thursday, May 22nd. They now have a $34.20 price target on the stock. Finally, analysts at Bank of America reiterated a “buy” rating on shares of eHealth in a research note on Friday, May 2nd. They now have a $53.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $46.31.

Shares of eHealth (NASDAQ:EHTH) traded up 1.46% on Monday, hitting $36.72. 309,584 shares of the company’s stock traded hands. eHealth has a 52-week low of $22.03 and a 52-week high of $63.32. The stock has a 50-day moving average of $36.67 and a 200-day moving average of $46.17. The company’s market cap is $698.5 million.

eHealth (NASDAQ:EHTH) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.01 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.01) by $0.02. The company had revenue of $50.90 million for the quarter, compared to the consensus estimate of $51.37 million. During the same quarter last year, the company posted $0.17 earnings per share. eHealth’s revenue was up 17.8% compared to the same quarter last year. On average, analysts predict that eHealth will post $0.10 earnings per share for the current fiscal year.

eHealth, Inc (NASDAQ:EHTH) offers Internet-based health insurance agency services for individuals, families and small businesses in the United States, as well as technology licensing and Internet advertising services.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.