Shares of agilon health (NYSE:AGL) rose on insider buying activity

agilon health, inc. (NYSE:AGL – Get Your Free Report ) traded lower before the market opened on Tuesday after an insider bought additional shares in the company. The stock had previously closed at $3.28 but opened at $3.46. Shares of agilon Health last traded at $3.52, with a volume of 381,484 shares changing hands.

Specifically, CEO Steven Sell purchased 20,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were acquired at an average cost of $3.36 per share, with a total value of $67,200.00. Following the completion of the acquisition, the chief executive officer now directly owns 67,590 shares of the company’s stock, valued at approximately $227,102.40. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC’s website.

Analysts on Wall Street are forecasting an increase

AGL has been the subject of several analyst reports. Baird RW raised shares of agilon Health to a “hold” rating in a research note on Thursday, May 30th. Evercore ISI boosted their price target on agilon health from $5.50 to $7.00 and gave the company an “in-line” rating in a research report on Tuesday, July 9th. Deutsche Bank Aktiengesellschaft cut their price objective on agilon health from $5.00 to $4.00 and set a “hold” rating for the company in a research report on Friday, August 9th. Truist Financial boosted their price target on agilon health from $6.40 to $6.50 and gave the company a “hold” rating in a report on Friday, May 24th. Finally, Robert W. Baird started coverage on shares of agilon health in a research report on Thursday, May 30th. They set a “neutral” rating and a $6.00 price target for the company. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $8.57, based on data from MarketBeat.

Read the latest stock analysis on AGL

agilon health trading up 9.9%

The stock’s fifty day moving average price is $5.26 and its 200 day moving average price is $5.55. The stock has a market cap of $1.65 billion, a P/E ratio of -5.71 and a beta of 0.54. The company has a current ratio of 1.36, a quick ratio of 1.36, and a debt-to-equity ratio of 0.04.

agilon health (NYSE:AGL – Get Free Report ) last announced its quarterly earnings data on Tuesday, August 6th. The company reported ($0.07) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.07). agilon health had a negative net margin of 5.57% and a negative return on equity of 29.91%. The company had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.56 billion. In the same quarter last year, the company earned ($0.04) earnings per share. The company’s revenue was up 38.7% compared to the same quarter last year. Equities research analysts expect that agilon health, inc. will post -0.32 earnings per share for the current year.

Institutional inputs and outputs

Large investors have recently added to or reduced their holdings in the stock. J.Safra Asset Management Corp boosted its holdings in shares of agilon health by 626.1% during the second quarter. J.Safra Asset Management Corp now owns 4,204 shares of the company’s stock valued at $27,000 after buying an additional 3,625 shares in the last quarter. Quest Partners LLC bought a new stake in shares of agilon Health in the 4th quarter valued at $45,000. Neo Ivy Capital Management acquired a new position in shares of agilon health in the fourth quarter valued at $47,000. CWM LLC boosted its holdings in shares of 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 buying an additional 7,288 shares during the last quarter. Finally, Nisa Investment Advisors LLC acquired a new stake in shares of agilon Health in the second quarter valued at $60,000.

Agilon health company profile

(Get a free report)

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

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