Vontobel Holding Ltd. Makes New $370,000 Investment in Oscar Health, Inc. (NYSE:OSCR)

Vontobel Holding Ltd. bought a new position in Oscar Health, Inc. (NYSE:OSCR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 27,526 shares of the company’s stock, valued at approximately $370,000.

A number of other large investors have also recently bought and sold shares of OSCR. KBC Group NV boosted its position in shares of Oscar Health by 56.1% in the 4th quarter. KBC Group NV now owns 7,107 shares of the company’s stock valued at $96,000 after purchasing an additional 2,555 shares during the period. ORG Wealth Partners LLC acquired a new stake in Oscar Health in the 4th quarter valued at approximately $100,000. SMART Wealth LLC acquired a new stake in Oscar Health in the 4th quarter valued at approximately $180,000. Tempus Wealth Planning LLC acquired a new stake in shares of Oscar Health during the 4th quarter worth approximately $181,000. Finally, Aigen Investment Management LP acquired a new stake in shares of Oscar Health during the 3rd quarter worth approximately $205,000. Institutional investors own 75.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Jefferies Financial Group assumed coverage on Oscar Health in a research report on Tuesday, December 10th. They issued an “underperform” rating and a $12.00 price objective for the company. Bank of America downgraded Oscar Health from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $21.00 to $13.50 in a report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $21.56.

Oscar Health Price Performance

Shares of NYSE OSCR opened at $16.07 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $3.97 billion, a PE ratio of -802.95 and a beta of 1.73. The stock’s 50 day moving average price is $14.79 and its 200-day moving average price is $16.69. Oscar Health, Inc. has a twelve month low of $12.43 and a twelve month high of $23.79.

Oscar Health (NYSE:OSCR) last announced its earnings results on Tuesday, February 4th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.55) by ($0.07). Oscar Health had a return on equity of 2.28% and a net margin of 0.28%. On average, equities analysts anticipate that Oscar Health, Inc. will post 0.69 EPS for the current year.

Insider Buying and Selling at Oscar Health

In other news, insider Mario Schlosser sold 6,516 shares of Oscar Health stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $18.08, for a total transaction of $117,809.28. Following the completion of the transaction, the insider now directly owns 81,962 shares in the company, valued at approximately $1,481,872.96. This trade represents a 7.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Victoria Baltrus sold 8,078 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $18.08, for a total transaction of $146,050.24. Following the sale, the chief accounting officer now directly owns 146,036 shares of the company’s stock, valued at $2,640,330.88. This trade represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 78,610 shares of company stock worth $1,421,269 over the last three months. Company insiders own 25.11% of the company’s stock.

About Oscar Health

Oscar Health, Inc operates as a health insurance in the United States. The company offers health plans in individual and small group markets, as well as +Oscar, a technology driven platform that help providers and payors directly enable their shift to value-based care. It also provides reinsurance products.