Needham & Company LLC Reaffirms Hold Rating for agilon health (NYSE:AGL)

agilon health (NYSE:AGL)‘s stock had its “hold” rating restated by equities research analysts at Needham & Company LLC in a research report issued on Wednesday,Benzinga reports.

Other analysts have also recently issued reports about the company. Stifel Nicolaus dropped their price objective on agilon health from $7.00 to $2.00 and set a “hold” rating for the company in a report on Tuesday, November 12th. William Blair downgraded shares of agilon health from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $3.00 price objective on shares of agilon health in a research note on Tuesday, November 19th. JMP Securities cut shares of agilon health from an “outperform” rating to a “market perform” rating in a research report on Monday, November 11th. Finally, Barclays cut their price target on agilon health from $5.00 to $2.00 and set an “underweight” rating on the stock in a research note on Monday, November 11th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, agilon health has an average rating of “Hold” and a consensus price target of $3.95.

agilon health Trading Down 0.4 %

AGL stock opened at $3.35 on Wednesday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.06. agilon health has a twelve month low of $1.50 and a twelve month high of $7.73. The company has a market cap of $1.38 billion, a P/E ratio of -3.56 and a beta of 0.66. The business has a fifty day moving average of $2.94 and a 200-day moving average of $3.04.

Insiders Place Their Bets

In related news, Director Karen Mcloughlin purchased 25,000 shares of the business’s stock in a transaction on Friday, December 13th. The shares were purchased at an average price of $2.20 per share, with a total value of $55,000.00. Following the completion of the purchase, the director now owns 73,166 shares in the company, valued at $160,965.20. This represents a 51.90 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John William Wulf acquired 45,000 shares of the stock in a transaction dated Thursday, December 5th. The shares were bought at an average cost of $2.18 per share, with a total value of $98,100.00. Following the transaction, the director now directly owns 206,133 shares of the company’s stock, valued at $449,369.94. This represents a 27.93 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 77,500 shares of company stock worth $169,600 over the last ninety days. 3.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On agilon health

Institutional investors have recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. bought a new position in agilon health during the 3rd quarter worth about $28,000. Oak Thistle LLC acquired a new position in shares of agilon health during the fourth quarter worth about $25,000. Ieq Capital LLC bought a new position in shares of agilon health during the fourth quarter worth about $26,000. Signaturefd LLC raised its position in agilon health by 143.0% in the 4th quarter. Signaturefd LLC now owns 14,388 shares of the company’s stock valued at $27,000 after buying an additional 8,467 shares during the last quarter. Finally, Humankind Investments LLC bought a new stake in agilon health in the 4th quarter valued at approximately $30,000.

About agilon health

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.