RBF Capital LLC Raises Stock Holdings in eHealth, Inc. (NASDAQ:EHTH)

RBF Capital LLC increased its holdings in eHealth, Inc. (NASDAQ:EHTH - Free Report) by 29.0% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 443,141 shares of the financial services provider's stock after buying an additional 99,618 shares during the quarter. RBF Capital LLC owned about 1.50% of eHealth worth $1,808,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Summit Securities Group LLC bought a new stake in eHealth in the 2nd quarter worth about $53,000. Point72 DIFC Ltd increased its holdings in eHealth by 3,996.8% in the 2nd quarter. Point72 DIFC Ltd now owns 12,741 shares of the financial services provider's stock worth $58,000 after buying an additional 12,430 shares in the last quarter. Algert Global LLC increased its holdings in eHealth by 76.6% in the 2nd quarter. Algert Global LLC now owns 18,392 shares of the financial services provider's stock worth $83,000 after buying an additional 7,980 shares in the last quarter. American Century Companies Inc. increased its holdings in eHealth by 15.5% in the 2nd quarter. American Century Companies Inc. now owns 38,170 shares of the financial services provider's stock worth $173,000 after buying an additional 5,120 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new stake in eHealth in the 2nd quarter worth about $178,000. 79.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. StockNews.com upgraded eHealth from a "sell" rating to a "hold" rating in a research note on Tuesday, November 5th. Royal Bank of Canada lowered their price objective on eHealth from $13.00 to $11.00 and set a "sector perform" rating on the stock in a research report on Monday, November 25th. UBS Group assumed coverage on eHealth in a research report on Wednesday. They set a "neutral" rating and a $5.50 price objective on the stock. Deutsche Bank Aktiengesellschaft lowered their price target on eHealth from $5.00 to $2.00 and set a "hold" rating on the stock in a report on Wednesday, August 14th. Finally, Craig Hallum raised eHealth from a "hold" rating to a "buy" rating and boosted their price target for the stock from $5.00 to $7.00 in a report on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, eHealth presently has a consensus rating of "Hold" and an average price target of $6.38.

eHealth Price Performance

NASDAQ EHTH remained flat at $5.46 during trading hours on Thursday. The company had a trading volume of 111,664 shares, compared to its average volume of 253,550. The business's 50-day moving average is $4.89 and its 200-day moving average is $4.69. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 0.14. eHealth, Inc. has a one year low of $3.58 and a one year high of $9.45. The stock has a market cap of $161.78 million, a P/E ratio of -1.92 and a beta of 0.47.

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.