American Century Companies Inc. Has $173,000 Holdings in eHealth, Inc. (NASDAQ:EHTH)

American Century Companies Inc. raised its holdings in eHealth, Inc. (NASDAQ:EHTH) by 15.5% in the second quarter, Holdings Channel reports. The fund owned 38,170 shares of the financial services provider’s stock after acquiring an additional 5,120 shares during the period. American Century Companies Inc.’s holdings in eHealth were worth $173,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of EHTH. Summit Securities Group LLC acquired a new stake in shares of eHealth during the second quarter worth $53,000. BNP Paribas Financial Markets raised its stake in shares of eHealth by 76.7% in the 1st quarter. BNP Paribas Financial Markets now owns 13,323 shares of the financial services provider’s stock valued at $80,000 after purchasing an additional 5,782 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of eHealth in the 1st quarter valued at about $472,000. Los Angeles Capital Management LLC lifted its holdings in shares of eHealth by 143.7% in the first quarter. Los Angeles Capital Management LLC now owns 88,925 shares of the financial services provider’s stock valued at $536,000 after purchasing an additional 52,436 shares in the last quarter. Finally, ClariVest Asset Management LLC boosted its position in shares of eHealth by 2.9% during the second quarter. ClariVest Asset Management LLC now owns 99,737 shares of the financial services provider’s stock worth $452,000 after buying an additional 2,789 shares during the period. 79.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling at eHealth

In other news, SVP Gavin G. Galimi bought 10,365 shares of the stock in a transaction dated Thursday, August 8th. The shares were bought at an average price of $4.12 per share, for a total transaction of $42,703.80. Following the completion of the purchase, the senior vice president now owns 185,290 shares in the company, valued at approximately $763,394.80. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, SVP Gavin G. Galimi acquired 10,365 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was purchased at an average cost of $4.12 per share, with a total value of $42,703.80. Following the acquisition, the senior vice president now directly owns 185,290 shares of the company’s stock, valued at approximately $763,394.80. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO John J. Stelben acquired 20,000 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The shares were purchased at an average cost of $4.16 per share, with a total value of $83,200.00. Following the transaction, the chief financial officer now directly owns 515,565 shares of the company’s stock, valued at $2,144,750.40. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 80,365 shares of company stock worth $329,404 over the last ninety days. Insiders own 4.10% of the company’s stock.

eHealth Stock Performance

NASDAQ:EHTH opened at $4.48 on Friday. eHealth, Inc. has a 52-week low of $3.58 and a 52-week high of $9.45. The company has a market cap of $130.47 million, a P/E ratio of -1.76 and a beta of 0.53. The stock’s 50-day simple moving average is $4.19 and its 200 day simple moving average is $4.74.

eHealth (NASDAQ:EHTH) last issued its earnings results on Wednesday, August 7th. The financial services provider reported ($1.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.85) by ($0.38). The firm had revenue of $65.86 million for the quarter, compared to analyst estimates of $55.79 million. eHealth had a negative return on equity of 4.03% and a negative net margin of 6.32%. As a group, equities analysts predict that eHealth, Inc. will post -1.51 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on EHTH shares. Deutsche Bank Aktiengesellschaft cut their target price on eHealth from $5.00 to $2.00 and set a “hold” rating on the stock in a research note on Wednesday, August 14th. Craig Hallum cut their price objective on shares of eHealth from $6.00 to $5.00 and set a “hold” rating on the stock in a research report on Thursday, August 8th.

About eHealth

eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.