Intech Investment Management LLC Buys Shares of 18,587 DocGo Inc. (NASDAQ:DCGO)

Intech Investment Management LLC purchased a new position in DocGo Inc. (NASDAQ:DCGO) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 18,587 shares of the company’s stock, valued at approximately $62,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Isthmus Partners LLC increased its position in shares of DocGo by 32.4% during the 2nd quarter. Isthmus Partners LLC now owns 799,296 shares of the company’s stock valued at $25,000 after purchasing an additional 195,428 shares during the period. nVerses Capital LLC grew its position in DocGo by 151.5% in the second quarter. nVerses Capital LLC now owns 8,300 shares of the company’s stock worth $26,000 after buying an additional 5,000 shares during the last quarter. Gladius Capital Management LP bought a new position in shares of DocGo in the second quarter valued at $34,000. Nisa Investment Advisors LLC lifted its position in shares of DocGo by 693.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 12,089 shares of the company’s stock valued at $37,000 after acquiring an additional 10,565 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of DocGo during the 2nd quarter worth $60,000. 56.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $5.00 target price on shares of DocGo in a research report on Friday, September 20th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $6.10.

DocGo Trading Down 0.7 %

Shares of DocGo stock opened at $4.08 on Monday. DocGo Inc. has a 1 year low of $2.75 and a 1 year high of $5.70. The company has a market cap of $416.36 million, a P/E ratio of 14.57, a P/E/G ratio of 3.86 and a beta of 0.98. The stock has a 50-day moving average price of $3.71 and a 200 day moving average price of $3.44.

DocGo Profile

DocGo Inc provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. The company's transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services.