Diana Mckenzie Acquires 7,500 Shares of agilon health, inc. (NYSE:AGL) Stock

agilon health, inc. (NYSE:AGL) Director Diana Mckenzie acquired 7,500 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average cost of $2.20 per share, with a total value of $16,500.00. Following the transaction, the director now owns 58,819 shares in the company, valued at approximately $129,401.80. The trade was a 14.61 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Diana Mckenzie also recently made the following trade(s):

• On Monday, November 25th, Diana Mckenzie bought 12,500 shares of agilon health stock. The stock was acquired at an average cost of $2.28 per share, for a total transaction of $28,500.00.

agilon health Price Performance

Shares of AGL opened at $2.23 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.29 and a quick ratio of 1.29. The company has a market capitalization of $918.80 million, a price-to-earnings ratio of -2.37 and a beta of 0.51. The business’s 50-day moving average is $2.46 and its 200-day moving average is $4.42. agilon health, inc. has a fifty-two week low of $1.50 and a fifty-two week high of $13.76.

agilon health (NYSE:AGL) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.19). The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.47 billion. agilon health had a negative net margin of 6.88% and a negative return on equity of 47.84%. During the same quarter in the prior year, the company posted ($0.06) EPS. Equities research analysts expect that agilon health, inc. will post -0.5 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AGL shares. JMP Securities cut agilon health from an “outperform” rating to a “market perform” rating in a research report on Monday, November 11th. Evercore ISI dropped their target price on agilon health from $7.00 to $4.00 and set an “in-line” rating on the stock in a research report on Tuesday, October 8th. Sanford C. Bernstein began coverage on shares of agilon health in a report on Wednesday. They set a “market perform” rating and a $2.50 price target for the company. Stifel Nicolaus dropped their price objective on shares of agilon health from $7.00 to $2.00 and set a “hold” rating on the stock in a report on Tuesday, November 12th. Finally, William Blair downgraded shares of agilon health from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $4.38.

Institutional Trading of agilon health

Several hedge funds and other institutional investors have recently modified their holdings of the company. Arizona State Retirement System increased its position in agilon health by 2.5% in the 2nd quarter. Arizona State Retirement System now owns 85,989 shares of the company’s stock worth $562,000 after purchasing an additional 2,070 shares during the last quarter. J.Safra Asset Management Corp increased its holdings in agilon health by 626.1% in the second quarter. J.Safra Asset Management Corp now owns 4,204 shares of the company’s stock worth $27,000 after buying an additional 3,625 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in agilon health in the third quarter worth approximately $28,000. CWM LLC raised its position in agilon health by 406.5% during the second quarter. CWM LLC now owns 9,081 shares of the company’s stock valued at $59,000 after acquiring an additional 7,288 shares in the last quarter. Finally, Signaturefd LLC lifted its stake in agilon health by 166.2% in the second quarter. Signaturefd LLC now owns 11,848 shares of the company’s stock valued at $77,000 after acquiring an additional 7,398 shares during the last quarter.

About agilon health

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.