Alpine Global Management LLC purchased a new stake in shares of Sharecare, Inc. (NASDAQ:SHCR – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 108,445 shares of the company’s stock, valued at approximately $83,000.
Other large investors also recently bought and sold shares of the company. Private Management Group Inc. purchased a new stake in shares of Sharecare during the 4th quarter worth about $4,410,000. Bfsg LLC acquired a new position in Sharecare in the 4th quarter worth about $41,000. Truist Financial Corp purchased a new position in Sharecare during the fourth quarter worth approximately $29,000. Tower Research Capital LLC TRC grew its holdings in Sharecare by 130.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 40,806 shares of the company’s stock valued at $44,000 after purchasing an additional 23,129 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Sharecare in the fourth quarter valued at approximately $76,000. 35.08% of the stock is owned by institutional investors and hedge funds.
Sharecare Stock Performance
SHCR stock remained flat at $1.38 during mid-day trading on Friday. 977,156 shares of the company’s stock were exchanged, compared to its average volume of 4,626,816. The company’s fifty day moving average price is $1.11 and its 200 day moving average price is $0.97. Sharecare, Inc. has a 12 month low of $0.48 and a 12 month high of $1.41.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the stock. Canaccord Genuity Group lowered shares of Sharecare from a “strong-buy” rating to a “hold” rating in a report on Friday, June 21st. BTIG Research lowered shares of Sharecare from a “buy” rating to a “neutral” rating in a research note on Monday, April 1st. Morgan Stanley boosted their price objective on Sharecare from $1.00 to $1.43 and gave the stock an “equal weight” rating in a research note on Monday, June 24th. Finally, Canaccord Genuity Group restated a “hold” rating and issued a $1.43 target price (down previously from $2.00) on shares of Sharecare in a research report on Friday, June 21st.
Read Our Latest Stock Analysis on Sharecare
Sharecare Profile
Sharecare, Inc operates as a digital healthcare platform company. Its Sharecare platform connects people, patients, providers, employers, health plans, government organizations, and communities that optimize individual and population-wide well-being. The company offers enterprise solutions based on a software-as-a-service model that allows enterprise clients to message, motivate, and manage their populations, as well as measure their population progress; a suite of data and information-driven solutions; and life sciences solutions, which provides members with personalized information, programs, and resources to improve their health and well-being.
Read More
- Five stocks we like better than Sharecare
- What is the S&P 500 and How It is Distinct from Other Indexes
- Is Crypto Cool Again? What Stocks You Should Be Watching
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Why Call Options Volume for These 2 Stocks Spiked Together
- What is the NASDAQ Stock Exchange?
- MarketBeat Week in Review – 7/22 – 7/26
Want to see what other hedge funds are holding SHCR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sharecare, Inc. (NASDAQ:SHCR – Free Report).
Receive News & Ratings for Sharecare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sharecare and related companies with MarketBeat.com's FREE daily email newsletter.