agilon health, inc. (NYSE:AGL) Director Purchases $55,000.00 in Stock


agilon health, inc. (NYSE:AGL) Director Purchases $55,000.00 in Stock

agilon health, inc. (NYSE:AGL - Get Free Report) Director Karen Mcloughlin bought 25,000 shares of the stock in a transaction on Friday, December 13th. The stock was purchased at an average cost of $2.20 per share, for a total transaction of $55,000.00. Following the acquisition, the director now directly owns 73,166 shares of the company's stock, valued at $160,965.20. The trade was a 51.90 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of NYSE:AGL traded up $0.03 during mid-day trading on Friday, reaching $2.25. The stock had a trading volume of 3,068,318 shares, compared to its average volume of 4,856,405. The business's 50 day moving average price is $2.46 and its 200 day moving average price is $4.42. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06. agilon health, inc. has a 1 year low of $1.50 and a 1 year high of $13.76. The company has a market cap of $927.05 million, a P/E ratio of -2.39 and a beta of 0.51.

agilon health (NYSE:AGL - Get Free Report) last issued its earnings results 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 firm had revenue of $1.45 billion during the quarter, compared to analysts' expectations of $1.47 billion. agilon health had a negative return on equity of 47.84% and a negative net margin of 6.88%. During the same quarter in the prior year, the company posted ($0.06) earnings per share. Research analysts expect that agilon health, inc. will post -0.52 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of the stock. CWM LLC raised its holdings in agilon health by 406.5% in the 2nd quarter. CWM LLC now owns 9,081 shares of the company's stock worth $59,000 after purchasing an additional 7,288 shares during the period. Nisa Investment Advisors LLC purchased a new position in agilon health during the second quarter valued at $60,000. Neo Ivy Capital Management purchased a new stake in shares of agilon health during the second quarter worth about $1,006,000. Pallas Capital Advisors LLC acquired a new position in shares of agilon health during the 2nd quarter worth about $77,000. Finally, Bank of New York Mellon Corp boosted its holdings in agilon health by 18.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,108,921 shares of the company's stock worth $7,252,000 after buying an additional 174,883 shares during the last quarter.

A number of research firms have weighed in on AGL. Evercore ISI decreased their price objective on shares of agilon health from $7.00 to $4.00 and set an "in-line" rating for the company in a research report on Tuesday, October 8th. Bank of America cut shares of agilon health from a "buy" rating to an "underperform" rating and set a $3.00 price objective for the company. in a report on Wednesday, October 2nd. JMP Securities lowered agilon health from an "outperform" rating to a "market perform" rating in a research note on Monday, November 11th. TD Cowen dropped their target price on agilon health from $6.00 to $2.00 and set a "hold" rating on the stock in a report on Monday, November 11th. Finally, Sanford C. Bernstein initiated coverage on shares of agilon health in a research report on Wednesday. They set a "market perform" rating and a $2.50 target price on the stock. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, agilon health has a consensus rating of "Hold" and an average price target of $4.38.

View Our Latest Stock Analysis on AGL

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.

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