agilon health, inc. (NYSE:AGL) Shares Acquired by Simplify Asset Management Inc.

Simplify Asset Management Inc. grew its position in agilon health, inc. (NYSE:AGL) by 67.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 168,696 shares of the company’s stock after acquiring an additional 67,968 shares during the quarter. Simplify Asset Management Inc.’s holdings in agilon health were worth $663,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Aigen Investment Management LP acquired a new stake in shares of agilon health in the third quarter valued at approximately $79,000. Los Angeles Capital Management LLC acquired a new stake in agilon health in the third quarter valued at $513,000. City State Bank acquired a new stake in agilon health in the third quarter valued at $52,000. Inspire Investing LLC acquired a new stake in agilon health in the third quarter valued at $414,000. Finally, SG Americas Securities LLC acquired a new stake in agilon health in the third quarter valued at $92,000.

Insider Activity at agilon health

In other news, CEO Steven Sell purchased 20,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was bought at an average cost of $3.36 per share, with a total value of $67,200.00. Following the purchase, the chief executive officer now directly owns 67,590 shares of the company’s stock, valued at approximately $227,102.40. This trade represents a 42.03 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.20% of the stock is owned by insiders.

agilon health Stock Performance

Shares of NYSE AGL traded down $0.08 during trading on Friday, reaching $1.64. The stock had a trading volume of 552,478 shares, compared to its average volume of 4,958,836. agilon health, inc. has a one year low of $1.62 and a one year high of $13.76. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.29 and a quick ratio of 1.29. The firm’s 50 day moving average price is $3.09 and its two-hundred day moving average price is $4.88.

agilon health (NYSE:AGL) last announced its quarterly earnings data 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 analyst estimates of $1.47 billion. agilon health had a negative net margin of 6.88% and a negative return on equity of 47.84%. During the same quarter last year, the company earned ($0.06) EPS. On average, analysts forecast that agilon health, inc. will post -0.43 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Citigroup dropped their price target on agilon health from $2.50 to $1.75 and set a “sell” rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft dropped 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. Royal Bank of Canada reiterated an “outperform” rating and set a $8.00 price objective on shares of agilon health in a research report on Wednesday, August 7th. Barclays dropped their price objective on agilon health from $5.00 to $2.00 and set an “underweight” rating for the company in a research report on Monday. Finally, William Blair cut agilon health from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $6.38.

About agilon health

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.