eHealth, Inc. (NASDAQ:EHTH) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Thursday.

EHTH has been the topic of a number of other reports. Cantor Fitzgerald reiterated a “buy” rating and set a $20.00 price target on shares of eHealth in a research note on Thursday, July 27th. Jefferies Group LLC boosted their price target on shares of eHealth from $15.00 to $20.00 and gave the stock a “hold” rating in a research note on Thursday, May 11th. Zacks Investment Research lowered shares of eHealth from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. Finally, TheStreet lowered shares of eHealth from a “c” rating to a “d+” rating in a research note on Thursday, July 27th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $18.75.

eHealth (NASDAQ EHTH) traded up 18.88% during trading on Thursday, hitting $22.86. The stock had a trading volume of 571,871 shares. The company’s 50 day moving average is $18.27 and its 200 day moving average is $15.35. eHealth has a 52-week low of $6.38 and a 52-week high of $23.08. The firm’s market cap is $423.71 million.

eHealth (NASDAQ:EHTH) last issued its quarterly earnings results on Thursday, July 27th. The financial services provider reported ($0.92) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.75) by $0.17. eHealth had a negative return on equity of 5.64% and a negative net margin of 3.44%. The firm had revenue of $28 million for the quarter, compared to analyst estimates of $29.25 million. During the same quarter last year, the firm earned $0.09 earnings per share. The company’s revenue was down 24.9% compared to the same quarter last year. Equities research analysts forecast that eHealth will post ($0.94) earnings per share for the current year.

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In other news, Director Jack L. Oliver III sold 14,745 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $16.79, for a total transaction of $247,568.55. Following the transaction, the director now directly owns 51,375 shares in the company, valued at $862,586.25. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 6.22% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of EHTH. Texas Permanent School Fund raised its position in shares of eHealth by 1.3% in the second quarter. Texas Permanent School Fund now owns 12,245 shares of the financial services provider’s stock valued at $230,000 after buying an additional 160 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of eHealth by 0.6% in the second quarter. Ameriprise Financial Inc. now owns 87,360 shares of the financial services provider’s stock valued at $1,642,000 after buying an additional 490 shares during the last quarter. Comerica Bank raised its position in shares of eHealth by 3.6% in the first quarter. Comerica Bank now owns 18,381 shares of the financial services provider’s stock valued at $216,000 after buying an additional 644 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of eHealth by 0.6% in the second quarter. Principal Financial Group Inc. now owns 127,571 shares of the financial services provider’s stock valued at $2,398,000 after buying an additional 705 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its position in shares of eHealth by 1.4% in the second quarter. Parametric Portfolio Associates LLC now owns 60,855 shares of the financial services provider’s stock valued at $1,144,000 after buying an additional 811 shares during the last quarter. Institutional investors own 92.17% 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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