Integrated Wealth Concepts LLC Sells 4,507 Shares of DocGo Inc. (NASDAQ:DCGO)

Integrated Wealth Concepts LLC cut its position in DocGo Inc. (NASDAQ:DCGO) by 11.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 34,118 shares of the company’s stock after selling 4,507 shares during the period. Integrated Wealth Concepts LLC’s holdings in DocGo were worth $113,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DCGO. nVerses Capital LLC lifted its position in DocGo by 151.5% in the 2nd quarter. nVerses Capital LLC now owns 8,300 shares of the company’s stock valued at $26,000 after acquiring an additional 5,000 shares in the last quarter. Marathon Capital Management raised its stake in shares of DocGo by 2.3% in the second quarter. Marathon Capital Management now owns 277,100 shares of the company’s stock worth $856,000 after purchasing an additional 6,285 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of DocGo by 31.6% during the second quarter. The Manufacturers Life Insurance Company now owns 40,401 shares of the company’s stock valued at $125,000 after purchasing an additional 9,696 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of DocGo by 693.2% during the second quarter. Nisa Investment Advisors LLC now owns 12,089 shares of the company’s stock valued at $37,000 after buying an additional 10,565 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in DocGo by 31.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 47,216 shares of the company’s stock worth $191,000 after buying an additional 11,174 shares in the last quarter. Institutional investors own 56.44% of the company’s stock.

DocGo Stock Performance

DocGo stock opened at $4.29 on Friday. The stock has a market cap of $437.80 million, a PE ratio of 15.32, a price-to-earnings-growth ratio of 3.81 and a beta of 0.98. The stock has a fifty day moving average of $3.80 and a 200 day moving average of $3.48. DocGo Inc. has a one year low of $2.75 and a one year high of $5.70.

Analyst Upgrades and Downgrades

Separately, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $5.00 price target on shares of DocGo in a report on Friday, September 20th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, DocGo has an average rating of “Buy” and a consensus target price of $6.10.

DocGo Profile

DocGo Inc provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. The company's transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services.