Castlight Health Inc. (NYSE:CSLT) CRO John Mccracken sold 31,780 shares of Castlight Health stock in a transaction dated Monday, November 14th. The stock was sold at an average price of $5.00, for a total value of $158,900.00. Following the completion of the sale, the executive now owns 67,591 shares of the company’s stock, valued at $337,955. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

John Mccracken also recently made the following trade(s):

  • On Tuesday, November 15th, John Mccracken sold 46,008 shares of Castlight Health stock. The stock was sold at an average price of $5.01, for a total value of $230,500.08.
  • On Wednesday, November 16th, John Mccracken sold 99,371 shares of Castlight Health stock. The stock was sold at an average price of $5.02, for a total value of $498,842.42.
  • On Thursday, August 18th, John Mccracken sold 5,594 shares of Castlight Health stock. The stock was sold at an average price of $4.13, for a total value of $23,103.22.

Shares of Castlight Health Inc. (NYSE:CSLT) traded up 1.01% during trading on Thursday, hitting $5.00. The company had a trading volume of 146,876 shares. The stock has a 50-day moving average of $4.24 and a 200 day moving average of $4.12. Castlight Health Inc. has a 12-month low of $2.54 and a 12-month high of $5.15. The stock’s market capitalization is $518.52 million.

Castlight Health (NYSE:CSLT) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.04. Castlight Health had a negative return on equity of 58.57% and a negative net margin of 73.57%. The business earned $25.50 million during the quarter, compared to the consensus estimate of $24.81 million. During the same period in the prior year, the company earned ($0.17) EPS. Castlight Health’s revenue for the quarter was up 30.8% on a year-over-year basis. On average, analysts predict that Castlight Health Inc. will post ($0.34) EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Castlight Health (NYSE:CSLT)

Several hedge funds have recently made changes to their positions in the company. FMR LLC increased its stake in shares of Castlight Health by 11.9% in the second quarter. FMR LLC now owns 7,071,738 shares of the company’s stock valued at $28,004,000 after buying an additional 750,309 shares in the last quarter. AWM Investment Company Inc. acquired a new stake in shares of Castlight Health during the third quarter valued at $1,664,000. BlackRock Fund Advisors increased its stake in shares of Castlight Health by 30.7% in the second quarter. BlackRock Fund Advisors now owns 1,055,397 shares of the company’s stock valued at $4,179,000 after buying an additional 247,845 shares in the last quarter. Selz Capital LLC acquired a new stake in shares of Castlight Health during the third quarter valued at $936,000. Finally, Westpac Banking Corp acquired a new stake in shares of Castlight Health during the second quarter valued at $639,000. Institutional investors and hedge funds own 51.71% of the company’s stock.

Several equities analysts have recently issued reports on the company. Zacks Investment Research lowered Castlight Health from a “buy” rating to a “hold” rating in a research report on Wednesday, November 9th. Canaccord Genuity restated a “hold” rating and set a $5.00 target price on shares of Castlight Health in a research report on Sunday, September 11th. Morgan Stanley restated a “hold” rating and set a $4.00 target price on shares of Castlight Health in a research report on Thursday, August 25th. Finally, FBR & Co restated a “hold” rating and set a $4.00 target price on shares of Castlight Health in a research report on Wednesday, August 10th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $4.58.

About Castlight Health

Castlight Health, Inc offers a health benefits platform that engages employees to make healthcare decisions, and enables employers to communicate and measure their benefit programs. The Company operates through cloud-based products segment. Its products deliver employee engagement and enable employers to integrate benefit programs into a single platform available to employees and their families.

5 Day Chart for NYSE:CSLT

Receive News & Stock Ratings for Castlight Health Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Castlight Health Inc. and related stocks with our FREE daily email newsletter.