Investors are a little more bullish on Ehealth Inc of late at least if you consider the motion in short interest. The company saw a fall in short interest from September 29, 2017 to October 13, 2017 of -30.75%. Short interest decreased 168,600 over that timeframe. Days to cover decreased from 7.0 to 3.0 and the percentage of shorted shares is 0.02% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (EHTH). As of quarter end California State Teachers Retirement System had disposed of 2,000 shares trimming its stake by 7.3%. The value of the investment in EHTH went from $518,000 to $610,000 a change of 17.8% for the reporting period. Wellington Management Group Llp divested its stake by selling 1,557 shares a decrease of 1.5% as of 09/30/2017. Wellington Management Group Llp owns 101,484 shares with a value of $2,424,000. The value of the position overall is up by 25.1%.
As of the end of the quarter Dimensional Fund Advisors Lp had sold a total of 2,765 shares trimming its holdings by 0.4%. The value of the investment in (EHTH) increased from $12,341,000 to $15,617,000 increasing 26.5% quarter to quarter. Deerfield Management Co downsized its ownership by shedding 17,354 shares a decrease of 2.5% from 06/30/2017 to 09/30/2017. Deerfield Management Co now holds 672,994 shares worth $16,078,000. The total value of its holdings increased 23.9%.
Jefferies Group LLC raised the price target of the stock on October 30 changing the price objective from $20.00 to $23.00 and stated a “Hold” rating. October 27 investment analysts at SunTrust Banks left the stock rating at “Buy” projecting a price of $30.00.
On October 20 SunTrust Banks made no change to the company rating of “Buy” targeting a price of $22.00. Equity analyst Wells Fargo & Company raised the price target on October 19 boosting the projection from $18.00 to $24.00 with a “Market Perform” recommendation.
On October 18 Cantor Fitzgerald maintained a company rating of “Buy” with a current price target of $27.00. Cantor Fitzgerald raised the price target on October 2 changing the forecast from $21.00 to $27.00 with a rating of “Overweight”.
The company is up by 0.75% since yesterday’s close of 24.07. The company’s P/E ratio is N/A and the market cap of the company is 449.48M. As of the last earnings report the EPS was $-1.15 with 18.26M shares presently outstanding.
eHealth, Inc., launched on February 22, 2002, provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers side-by-side, and purchase and enroll in coverage online through its Websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com) or telephonically through its customer care centers. The Company also offers various online and pharmacy-based tools to help seniors navigate Medicare health insurance options, choose the right plan, and enroll in plans online or telephonically. Its e-commerce platform can be accessed directly through its Websites, as well as through its network of marketing partners. The Business’s e-commerce technology also enables it to deliver consumers’ health insurance applications electronically to health insurance carriers..