Jane Street Group LLC Has $309,000 Holdings in eHealth, Inc. (NASDAQ:EHTH)

Jane Street Group LLC lessened its holdings in eHealth, Inc. (NASDAQ:EHTH) by 80.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,828 shares of the financial services provider’s stock after selling 316,940 shares during the quarter. Jane Street Group LLC owned 0.26% of eHealth worth $309,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Point72 DIFC Ltd raised its stake in eHealth by 3,996.8% during the second quarter. Point72 DIFC Ltd now owns 12,741 shares of the financial services provider’s stock worth $58,000 after acquiring an additional 12,430 shares in the last quarter. Algert Global LLC grew its holdings in shares of eHealth by 76.6% in the 2nd quarter. Algert Global LLC now owns 18,392 shares of the financial services provider’s stock worth $83,000 after purchasing an additional 7,980 shares during the last quarter. American Century Companies Inc. increased its position in shares of eHealth by 15.5% during the 2nd quarter. American Century Companies Inc. now owns 38,170 shares of the financial services provider’s stock worth $173,000 after purchasing an additional 5,120 shares in the last quarter. Squarepoint Ops LLC bought a new position in eHealth during the 2nd quarter valued at about $178,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in eHealth in the second quarter valued at about $201,000. Institutional investors and hedge funds own 79.54% of the company’s stock.

eHealth Trading Down 2.7 %

Shares of eHealth stock opened at $9.91 on Friday. The stock has a market cap of $293.67 million, a P/E ratio of -3.48 and a beta of 0.31. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 0.14. eHealth, Inc. has a 12-month low of $3.58 and a 12-month high of $10.60. The business’s 50 day moving average is $6.60 and its 200-day moving average is $5.18.

Analysts Set New Price Targets

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