38,070 Shares in eHealth, Inc. (NASDAQ:EHTH) Purchased by Kera Capital Partners Inc.

Kera Capital Partners Inc. purchased a new stake in eHealth, Inc. (NASDAQ:EHTH) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 38,070 shares of the financial services provider’s stock, valued at approximately $358,000. Kera Capital Partners Inc. owned approximately 0.13% of eHealth at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Cubist Systematic Strategies LLC grew its holdings in shares of eHealth by 307.5% during the second quarter. Cubist Systematic Strategies LLC now owns 175,878 shares of the financial services provider’s stock worth $797,000 after buying an additional 132,720 shares in the last quarter. Marshall Wace LLP purchased a new stake in eHealth during the 2nd quarter valued at about $675,000. American Century Companies Inc. grew its stake in eHealth by 15.5% during the 2nd quarter. American Century Companies Inc. now owns 38,170 shares of the financial services provider’s stock valued at $173,000 after acquiring an additional 5,120 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in eHealth by 86.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 212,555 shares of the financial services provider’s stock valued at $867,000 after acquiring an additional 98,793 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in eHealth by 104.7% in the 2nd quarter. Renaissance Technologies LLC now owns 257,600 shares of the financial services provider’s stock worth $1,167,000 after purchasing an additional 131,772 shares in the last quarter. 79.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Craig Hallum raised eHealth from a “hold” rating to a “buy” rating and increased their price target for the company from $5.00 to $7.00 in a report on Wednesday, November 6th. UBS Group started coverage on eHealth in a report on Wednesday, December 4th. They set a “neutral” rating and a $5.50 price target on the stock. Royal Bank of Canada dropped their price objective on shares of eHealth from $13.00 to $11.00 and set a “sector perform” rating for the company in a report on Monday, November 25th. Finally, StockNews.com raised shares of eHealth from a “sell” rating to a “hold” rating in a research note on Tuesday, November 5th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $6.38.

eHealth Price Performance

Shares of EHTH opened at $10.05 on Friday. The firm has a 50-day simple moving average of $7.15 and a two-hundred day simple moving average of $5.39. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.10 and a quick ratio of 3.10. eHealth, Inc. has a 1-year low of $3.58 and a 1-year high of $10.68. The stock has a market cap of $297.78 million, a PE ratio of -3.53 and a beta of 0.31.

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.