A Director at Ehealth is Exercising Options


Today it was reported that a Director at Ehealth (NASDAQ: EHTH), Jack Oliver, exercised options to sell 30,750 EHTH shares at $13.88 a share, for a total transaction value of $763K.

Following Jack Oliver’s last EHTH Sell transaction on August 03, 2017, the stock climbed by 7.5%. In addition to Jack Oliver, one other EHTH executive reported Sell trades in the last month.

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Based on Ehealth’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $32.66 million and GAAP net loss of $12.01 million. In comparison, last year the company earned revenue of $27.96 million and had a GAAP net loss of $17.26 million. Currently, Ehealth has an average volume of 103.5K.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy EHTH with a $26 price target. Three different firms, including Merrill Lynch and Citigroup, currently also have a Sell rating on the stock.

The insider sentiment on Ehealth has been negative according to 48 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

eHealth, Inc. engages in the provision of Internet-based health insurance agency services for individuals, families, and small businesses. It operates through the Medicare and Individual, Family, and Small Business segment. The Medicare segment consists primarily of commissions earned from sale of Medicare-related health insurance plans.

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