Health Insurance Innovations Inc. (NASDAQ:HIIQ) CEO Bruce Telkamp sold 59,000 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $10.15, for a total transaction of $598,850.00. Following the sale, the chief executive officer now directly owns 183,281 shares in the company, valued at $1,860,302.15. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Health Insurance Innovations Inc. (NASDAQ:HIIQ) traded up 13.27% on Monday, reaching $11.10. 1,261,304 shares of the company’s stock traded hands. Health Insurance Innovations Inc. has a 52 week low of $3.72 and a 52 week high of $11.30. The stock has a 50-day moving average of $6.34 and a 200 day moving average of $5.45. The firm has a market capitalization of $85.96 million, a P/E ratio of 17.54 and a beta of -0.32.

Insider Buying and Selling by Quarter for Health Insurance Innovations (NASDAQ:HIIQ)

Large investors have recently added to or reduced their stakes in the company. Cannell Capital LLC boosted its stake in Health Insurance Innovations by 0.4% in the third quarter. Cannell Capital LLC now owns 1,174,962 shares of the company’s stock valued at $6,169,000 after buying an additional 4,343 shares in the last quarter. Vanguard Group Inc. boosted its stake in Health Insurance Innovations by 64.1% in the second quarter. Vanguard Group Inc. now owns 349,176 shares of the company’s stock valued at $1,372,000 after buying an additional 136,401 shares in the last quarter. Grandeur Peak Global Advisors LLC boosted its stake in Health Insurance Innovations by 1.1% in the second quarter. Grandeur Peak Global Advisors LLC now owns 221,311 shares of the company’s stock valued at $870,000 after buying an additional 2,375 shares in the last quarter. Bridgeway Capital Management Inc. raised its position in Health Insurance Innovations by 92.4% in the second quarter. Bridgeway Capital Management Inc. now owns 200,900 shares of the company’s stock valued at $790,000 after buying an additional 96,484 shares during the last quarter. Finally, AWM Investment Company Inc. acquired a new position in Health Insurance Innovations during the third quarter valued at approximately $630,000. 28.05% of the stock is currently owned by institutional investors and hedge funds.

HIIQ has been the subject of several analyst reports. Zacks Investment Research cut shares of Health Insurance Innovations from a “buy” rating to a “hold” rating in a report on Thursday, July 28th. Lake Street Capital initiated coverage on shares of Health Insurance Innovations in a report on Thursday, September 15th. They set a “buy” rating and a $9.00 price target for the company. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Health Insurance Innovations presently has an average rating of “Buy” and a consensus price target of $8.00.

Health Insurance Innovations Company Profile

Health Insurance Innovations, Inc is a developer, distributor and virtual administrator of individual and family health insurance plans and supplemental products. The Company sells individual and family insurance plans (IFP) that include short-term medical (STM) insurance plans and hospital indemnity plans.

5 Day Chart for NASDAQ:HIIQ

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