Fintel reports that Ruffer LLP has filed a 13G form with the SEC disclosing ownership of 0.00MM shares of eHealth, Inc. (EHTH). This represents 0.0019% of the company.
In their previous filing dated February 11, 2021 they reported 1.92MM shares and 7.42% of the company, a decrease in shares of 99.97% and a decrease in total ownership of 7.42% (calculated as current - previous percent ownership).
Analyst Price Forecast Suggests 16.11% Downside
As of February 2, 2023, the average one-year price target for eHealth is $7.04. The forecasts range from a low of $4.04 to a high of $16.80. The average price target represents a decrease of 16.11% from its latest reported closing price of $8.39.
The projected annual revenue for eHealth is $426MM, a decrease of 5.91%. The projected annual EPS is $-2.23.
Fund Sentiment
There are 316 funds or institutions reporting positions in eHealth. This is a decrease of 45 owner(s) or 12.47%.
Average portfolio weight of all funds dedicated to US:EHTH is 0.0221%, a decrease of 52.7990%. Total shares owned by institutions decreased in the last three months by 14.24% to 22,425K shares.
What are large shareholders doing?
Starboard Value holds 2,198,117 shares representing 8.02% ownership of the company. No change in the last quarter.
Palo Alto Investors holds 1,977,993 shares representing 7.21% ownership of the company. In it's prior filing, the firm reported owning 1,654,693 shares, representing an increase of 16.34%. The firm decreased its portfolio allocation in EHTH by 54.55% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 1,661,550 shares representing 6.06% ownership of the company. In it's prior filing, the firm reported owning 1,707,408 shares, representing a decrease of 2.76%. The firm decreased its portfolio allocation in EHTH by 11.98% over the last quarter.
Millennium Management holds 1,152,160 shares representing 4.20% ownership of the company. In it's prior filing, the firm reported owning 0 shares, representing an increase of 100.00%.
Segall Bryant & Hamill holds 866,905 shares representing 3.16% ownership of the company. In it's prior filing, the firm reported owning 1,128,159 shares, representing a decrease of 30.14%. The firm decreased its portfolio allocation in EHTH by 65.94% over the last quarter.
eHealth Background Information
(This description is provided by the company.)
eHealth, Inc. operates a leading health insurance marketplace at eHealth.com and eHealthMedicare.com with technology that provides consumers with health insurance enrollment solutions. Since 1997, eHealth has connected more than 8 million members with quality, affordable health insurance, Medicare options, and ancillary plans. Its proprietary marketplace offers Medicare Advantage, Medicare Supplement, Medicare Part D prescription drug, individual, family, small business and other plans from over 180 health insurance carriers across fifty states and the District of Columbia.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
