Oscar Health, Inc. (NYSE:OSCR – Get Free Report) insider Mario Schlosser sold 3,198 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $17.99, for a total value of $57,532.02. Following the completion of the sale, the insider now directly owns 76,982 shares of the company’s stock, valued at $1,384,906.18. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Oscar Health Stock Performance
Shares of OSCR opened at $16.99 on Friday. The stock has a market capitalization of $4.03 billion, a P/E ratio of -42.48, a P/E/G ratio of 36.25 and a beta of 1.61. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.91 and a current ratio of 0.91. Oscar Health, Inc. has a 1 year low of $4.72 and a 1 year high of $23.44. The company’s fifty day moving average is $16.98 and its two-hundred day moving average is $17.23.
Oscar Health (NYSE:OSCR – Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.04. The business had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.13 billion. Oscar Health had a net margin of 0.25% and a return on equity of 1.86%. The business’s quarterly revenue was up 44.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.07) earnings per share. On average, sell-side analysts predict that Oscar Health, Inc. will post 0.01 earnings per share for the current year.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on Oscar Health
Institutional Investors Weigh In On Oscar Health
Institutional investors have recently added to or reduced their stakes in the business. Avalon Trust Co purchased a new position in shares of Oscar Health during the 1st quarter worth approximately $69,000. Point72 Hong Kong Ltd acquired a new position in Oscar Health during the second quarter worth $78,000. Prevail Innovative Wealth Advisors LLC acquired a new position in Oscar Health during the fourth quarter worth $92,000. Quest Partners LLC acquired a new stake in Oscar Health in the second quarter valued at $93,000. Finally, Amalgamated Bank lifted its holdings in Oscar Health by 27.7% in the second quarter. Amalgamated Bank now owns 6,727 shares of the company’s stock valued at $106,000 after acquiring an additional 1,458 shares during the period. Hedge funds and other institutional investors own 75.70% of the company’s stock.
Oscar Health Company Profile
Oscar Health, Inc operates as a health insurance in the United States. The company offers health plans in individual and small group markets, as well as +Oscar, a technology driven platform that help providers and payors directly enable their shift to value-based care. It also provides reinsurance products.
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