On August 8, 2024, Francis S. Jr. Soistman, CEO of eHealth Inc (EHTH, Financial), purchased 50,000 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 907,875 shares of eHealth Inc.
eHealth Inc operates as a health insurance marketplace with a technology and service platform that provides consumer engagement, education, and health insurance enrollment solutions. The company's platform enables consumers to compare and contrast health insurance plans in a personalized manner.
The transaction occurred with the stock priced at $4.07, valuing the purchase at approximately $203,500. This acquisition has contributed to a total of four insider buys over the past year, with no insider sales reported during the same period.
The market cap of eHealth Inc stands at $119.386 million. According to GF Value, the stock is currently valued at $9.08 per share, suggesting a price-to-GF-Value ratio of 0.45. This valuation indicates that the stock might be undervalued, labeled as "Possible Value Trap, Think Twice" based on its GF Value.
The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider purchase could signal a strong belief in the future prospects of eHealth Inc, considering the insider's significant increase in holdings.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
