Deer Management Co. LLC acquired a new position in shares of NeueHealth, Inc. (NYSE:NEUE – Free Report) during the 2nd quarter, Holdings Channel reports. The fund acquired 999,218 shares of the company’s stock, valued at approximately $5,436,000. NeueHealth comprises about 1.1% of Deer Management Co. LLC’s holdings, making the stock its 11th biggest holding. Deer Management Co. LLC owned 0.12% of NeueHealth at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Pathway Capital Management LP bought a new stake in NeueHealth during the 2nd quarter worth approximately $61,000. Renaissance Technologies LLC acquired a new position in shares of NeueHealth in the second quarter valued at approximately $312,000. Finally, NEA Management Company LLC bought a new stake in shares of NeueHealth during the second quarter worth $14,834,000. Institutional investors own 63.88% of the company’s stock.
NeueHealth Price Performance
Shares of NeueHealth stock opened at $5.00 on Thursday. The firm has a market cap of $41.40 million, a price-to-earnings ratio of -0.04 and a beta of 0.76. The stock’s 50-day moving average is $5.33 and its 200-day moving average is $5.76. NeueHealth, Inc. has a one year low of $4.69 and a one year high of $16.59.
About NeueHealth
NeueHealth, Inc, a healthcare company, provides various healthcare services for health consumers, providers, and payors in the United States. It operates through two segments: NeueCare and NeueSolutions. The NeueCare segment delivers healthcare services to ACA marketplace, medicare, and medicaid through owned and affiliated clinics.
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