Jump Financial LLC Has $279,000 Stock Position in eHealth, Inc. (NASDAQ:EHTH)

Jump Financial LLC raised its holdings in shares of eHealth, Inc. (NASDAQ:EHTH) by 34.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 29,710 shares of the financial services provider’s stock after acquiring an additional 7,678 shares during the quarter. Jump Financial LLC’s holdings in eHealth were worth $279,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. XTX Topco Ltd acquired a new position in eHealth in the fourth quarter valued at approximately $145,000. Quinn Opportunity Partners LLC lifted its stake in shares of eHealth by 154.8% in the 4th quarter. Quinn Opportunity Partners LLC now owns 79,000 shares of the financial services provider’s stock valued at $743,000 after purchasing an additional 48,000 shares during the period. Raymond James Financial Inc. bought a new position in shares of eHealth in the 4th quarter worth $1,193,000. Russell Investments Group Ltd. acquired a new stake in shares of eHealth during the fourth quarter worth $251,000. Finally, Geode Capital Management LLC grew its stake in shares of eHealth by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 325,972 shares of the financial services provider’s stock worth $3,065,000 after purchasing an additional 7,680 shares during the period. 79.54% of the stock is currently owned by institutional investors and hedge funds.

eHealth Trading Down 0.8 %

EHTH opened at $6.25 on Friday. The firm’s fifty day moving average is $7.30 and its two-hundred day moving average is $7.31. The firm has a market cap of $187.14 million, a PE ratio of -2.19 and a beta of 0.81. eHealth, Inc. has a twelve month low of $3.58 and a twelve month high of $11.36. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.10 and a current ratio of 3.10.

eHealth (NASDAQ:EHTH) last posted its earnings results on Wednesday, February 26th. The financial services provider reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.20. eHealth had a negative return on equity of 5.70% and a negative net margin of 7.58%. The firm had revenue of $315.18 million for the quarter, compared to analyst estimates of $293.47 million. Equities research analysts anticipate that eHealth, Inc. will post -2.17 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered eHealth from a “buy” rating to a “hold” rating in a research note on Friday. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $6.38.

eHealth Company 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.