Trexquant Investment LP Has $293,000 Position in eHealth, Inc. (NASDAQ:EHTH)

Trexquant Investment LP cut its stake in shares of eHealth, Inc. (NASDAQ:EHTH - Free Report) by 66.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,198 shares of the financial services provider's stock after selling 61,414 shares during the quarter. Trexquant Investment LP owned 0.11% of eHealth worth $293,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in EHTH. AMH Equity Ltd bought a new stake in shares of eHealth during the fourth quarter worth $426,000. Raymond James Financial Inc. acquired a new stake in shares of eHealth during the 4th quarter valued at $1,193,000. Truffle Hound Capital LLC bought a new stake in eHealth during the 4th quarter worth $658,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in eHealth by 163.4% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 177,012 shares of the financial services provider's stock worth $1,664,000 after purchasing an additional 109,814 shares in the last quarter. Finally, Barclays PLC raised its position in eHealth by 104.3% in the third quarter. Barclays PLC now owns 47,445 shares of the financial services provider's stock valued at $194,000 after purchasing an additional 24,224 shares during the last quarter. 79.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded eHealth from a "hold" rating to a "buy" rating in a report on Thursday. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, eHealth has an average rating of "Hold" and a consensus target price of $6.38.

eHealth Trading Down 0.7 %

NASDAQ:EHTH traded down $0.04 during trading hours on Friday, hitting $5.92. 144,331 shares of the company were exchanged, compared to its average volume of 253,863. The stock has a market capitalization of $177.26 million, a price-to-earnings ratio of -2.08 and a beta of 0.81. eHealth, Inc. has a one year low of $3.58 and a one year high of $11.36. The company has a fifty day simple moving average of $7.77 and a 200 day simple moving average of $7.23. The company has a current ratio of 3.10, a quick ratio of 3.10 and a debt-to-equity ratio of 0.14.

eHealth (NASDAQ:EHTH - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $2.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.00 by $0.20. The company had revenue of $315.18 million during the quarter, compared to the consensus estimate of $293.47 million. eHealth had a negative return on equity of 5.70% and a negative net margin of 7.58%. Sell-side analysts expect that eHealth, Inc. will post -2.17 EPS for the current fiscal year.

eHealth Profile

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.