38,230 Shares in Sharecare, Inc. (NASDAQ:SHCR) Acquired by Bfsg LLC

Bfsg LLC bought a new position in shares of Sharecare, Inc. (NASDAQ:SHCR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 38,230 shares of the company’s stock, valued at approximately $41,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SHCR. Pennsylvania Capital Management Inc. ADV bought a new stake in Sharecare during the 3rd quarter worth approximately $6,252,000. Private Management Group Inc. bought a new stake in Sharecare during the 4th quarter worth approximately $4,410,000. WealthPlan Investment Management LLC increased its holdings in shares of Sharecare by 1,307,971.1% in the 3rd quarter. WealthPlan Investment Management LLC now owns 1,177,264 shares of the company’s stock worth $1,107,000 after buying an additional 1,177,174 shares during the last quarter. GSA Capital Partners LLP bought a new position in Sharecare in the third quarter valued at $865,000. Finally, Pathstone Family Office LLC purchased a new position in shares of Sharecare in the 3rd quarter worth about $64,000. Institutional investors own 35.08% of the company’s stock.

Sharecare Price Performance

NASDAQ SHCR opened at $0.74 on Friday. Sharecare, Inc. has a 1-year low of $0.48 and a 1-year high of $1.80. The stock has a 50-day moving average of $0.85 and a 200-day moving average of $0.98.

Sharecare (NASDAQ:SHCR) last announced its quarterly earnings results on Thursday, March 28th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). The company had revenue of $105.28 million during the quarter, compared to analysts’ expectations of $113.88 million. Sharecare had a negative return on equity of 17.11% and a negative net margin of 28.86%. As a group, equities research analysts forecast that Sharecare, Inc. will post -0.21 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SHCR. BTIG Research downgraded Sharecare from a “buy” rating to a “neutral” rating in a research report on Monday, April 1st. Morgan Stanley lowered their price objective on shares of Sharecare from $1.50 to $1.00 and set an “equal weight” rating for the company in a report on Monday, April 15th.

Sharecare Company Profile

Sharecare, Inc operates as a digital healthcare platform company. Its Sharecare platform connects people, patients, providers, employers, health plans, government organizations, and communities that optimize individual and population-wide well-being. The company offers enterprise solutions based on a software-as-a-service model that allows enterprise clients to message, motivate, and manage their populations, as well as measure their population progress; a suite of data and information-driven solutions; and life sciences solutions, which provides members with personalized information, programs, and resources to enhance their health and well-being.