CHURCHILL MANAGEMENT Corp Takes Position in Hinge Health Inc. $HNGE

CHURCHILL MANAGEMENT Corp bought a new position in shares of Hinge Health Inc. (NYSE:HNGE) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 15,996 shares of the company’s stock, valued at approximately $828,000.

Hinge Health Stock Up 8.2%

NYSE HNGE opened at $52.74 on Friday. Hinge Health Inc. has a 12-month low of $33.42 and a 12-month high of $62.18. The firm has a 50-day simple moving average of $54.48.

Analyst Upgrades and Downgrades

A number of research firms have commented on HNGE. JMP Securities lifted their price objective on shares of Hinge Health from $58.00 to $65.00 and gave the stock a “market outperform” rating in a research report on Wednesday, August 6th. Bank of America lifted their target price on shares of Hinge Health from $42.00 to $64.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Barclays increased their price target on shares of Hinge Health from $51.00 to $62.00 and gave the company an “overweight” rating in a report on Wednesday, August 6th. Stifel Nicolaus raised their price objective on shares of Hinge Health from $63.00 to $66.00 and gave the stock a “buy” rating in a research report on Thursday, September 11th. Finally, Robert W. Baird assumed coverage on Hinge Health in a research report on Friday, September 5th. They issued a “neutral” rating and a $56.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $57.13.

Hinge Health Profile

Our vision is to build a new health system that transforms outcomes, experience and costs by using technology to scale and automate the delivery of care. Hinge Health leverages software, including AI, to largely automate care for joint and muscle health, delivering an outstanding member experience, improved member outcomes, and cost reductions for our clients.