agilon health (NYSE:AGL) Sees Strong Trading Volume - What's Next?

agilon health, inc. (NYSE:AGL - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 6,150,804 shares were traded during trading, an increase of 27% from the previous session's volume of 4,856,478 shares.The stock last traded at $3.45 and had previously closed at $3.42.

Analyst Ratings Changes

AGL has been the topic of a number of research analyst reports. JMP Securities lowered shares of agilon health from an "outperform" rating to a "market perform" rating in a report on Monday, November 11th. Sanford C. Bernstein lifted their price target on shares of agilon health from $2.50 to $3.15 and gave the company a "market perform" rating in a report on Wednesday, January 15th. Royal Bank of Canada reiterated an "outperform" rating and issued a $3.00 price target on shares of agilon health in a report on Tuesday, November 19th. Barclays decreased their price target on shares of agilon health from $5.00 to $2.00 and set an "underweight" rating on the stock in a report on Monday, November 11th. Finally, Stifel Nicolaus decreased their price target on shares of agilon health from $7.00 to $2.00 and set a "hold" rating on the stock in a report on Tuesday, November 12th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $4.03.

agilon health Stock Performance

The stock's fifty day moving average is $2.82 and its two-hundred day moving average is $3.11. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of -3.75 and a beta of 0.67. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.29 and a current ratio of 1.29.

Insider Activity at agilon health

In other agilon health news, Director John William Wulf bought 45,000 shares of the business's stock in a transaction on Thursday, December 5th. The shares were bought at an average cost of $2.18 per share, with a total value of $98,100.00. Following the transaction, the director now directly owns 206,133 shares in the company, valued at approximately $449,369.94. This trade represents a 27.93 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Karen Mcloughlin bought 25,000 shares of the business's stock in a transaction on Friday, December 13th. The stock was acquired at an average cost of $2.20 per share, for a total transaction of $55,000.00. Following the completion of the transaction, the director now owns 73,166 shares in the company, valued at $160,965.20. This represents a 51.90 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders bought 90,000 shares of company stock valued at $198,100. Corporate insiders own 3.20% of the company's stock.

Hedge Funds Weigh In On agilon health

A number of institutional investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of agilon health by 24.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 797,658 shares of the company's stock valued at $1,516,000 after purchasing an additional 157,610 shares in the last quarter. Two Sigma Advisers LP grew its stake in agilon health by 4,393.5% in the fourth quarter. Two Sigma Advisers LP now owns 480,800 shares of the company's stock worth $914,000 after purchasing an additional 470,100 shares in the last quarter. Two Sigma Investments LP grew its stake in agilon health by 73.7% in the fourth quarter. Two Sigma Investments LP now owns 857,867 shares of the company's stock worth $1,630,000 after purchasing an additional 363,855 shares in the last quarter. State of Wyoming grew its stake in agilon health by 89.3% in the fourth quarter. State of Wyoming now owns 122,504 shares of the company's stock worth $233,000 after purchasing an additional 57,802 shares in the last quarter. Finally, Point72 Asset Management L.P. acquired a new position in agilon health in the fourth quarter worth about $768,000.

agilon health Company Profile

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.