Comerica Bank decreased its position in eHealth, Inc. (NASDAQ:EHTH) by 5.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,395 shares of the financial services provider’s stock after selling 986 shares during the period. Comerica Bank owned about 0.09% of eHealth worth $327,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of EHTH. Teachers Advisors LLC lifted its stake in eHealth by 8.1% in the fourth quarter. Teachers Advisors LLC now owns 31,136 shares of the financial services provider’s stock valued at $332,000 after purchasing an additional 2,337 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in eHealth by 2.5% in the first quarter. Bank of New York Mellon Corp now owns 159,009 shares of the financial services provider’s stock valued at $1,915,000 after purchasing an additional 3,931 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in eHealth by 4.7% in the first quarter. Ameriprise Financial Inc. now owns 86,870 shares of the financial services provider’s stock valued at $1,046,000 after purchasing an additional 3,920 shares during the last quarter. State of Tennessee Treasury Department lifted its stake in eHealth by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 16,765 shares of the financial services provider’s stock valued at $202,000 after purchasing an additional 2,530 shares during the last quarter. Finally, OppenheimerFunds Inc. lifted its stake in eHealth by 11.1% in the first quarter. OppenheimerFunds Inc. now owns 12,891 shares of the financial services provider’s stock valued at $156,000 after purchasing an additional 1,289 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

Shares of eHealth, Inc. (EHTH) opened at 23.92 on Thursday. The stock’s market cap is $443.36 million. The firm’s 50 day moving average price is $20.70 and its 200 day moving average price is $16.86. eHealth, Inc. has a 52-week low of $6.38 and a 52-week high of $25.65.

eHealth (NASDAQ:EHTH) last issued its quarterly earnings results on Thursday, July 27th. The financial services provider reported ($0.92) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.75) by ($0.17). The business had revenue of $28.00 million for the quarter, compared to analysts’ expectations of $29.25 million. eHealth had a negative return on equity of 5.64% and a negative net margin of 3.44%. The company’s revenue was down 24.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.09 EPS. On average, analysts expect that eHealth, Inc. will post ($0.94) EPS for the current year.

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Several research firms recently commented on EHTH. TheStreet downgraded eHealth from a “c” rating to a “d+” rating in a research note on Thursday, July 27th. BidaskClub upgraded eHealth from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. Zacks Investment Research upgraded eHealth from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Wednesday, July 12th. Cantor Fitzgerald reiterated a “buy” rating and issued a $20.00 price objective on shares of eHealth in a research note on Thursday, July 27th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $18.00 price objective on shares of eHealth in a research note on Friday, July 14th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. eHealth presently has an average rating of “Hold” and a consensus target price of $18.75.

In other news, Director Jack L. Oliver III sold 14,745 shares of eHealth stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $16.79, for a total transaction of $247,568.55. Following the transaction, the director now owns 51,375 shares in the company, valued at approximately $862,586.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 6.22% of the company’s stock.

eHealth Company Profile

eHealth, Inc provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers side-by-side, and purchase and enroll in coverage online through its Websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com) or telephonically through its customer care centers.

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Institutional Ownership by Quarter for eHealth (NASDAQ:EHTH)

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