Karen Mcloughlin Buys 25,000 Shares of agilon health, inc. (NYSE:AGL) Stock

agilon health, inc. (NYSE:AGL) Director Karen Mcloughlin purchased 25,000 shares of agilon health stock in a transaction dated Friday, December 13th. The shares were bought at an average cost of $2.20 per share, for a total transaction of $55,000.00. Following the transaction, the director now directly owns 73,166 shares of the company’s stock, valued at approximately $160,965.20. The trade was a 51.90 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

agilon health Stock Performance

AGL opened at $2.24 on Friday. agilon health, inc. has a twelve month low of $1.50 and a twelve month high of $13.76. The stock has a market cap of $922.92 million, a PE ratio of -2.38 and a beta of 0.51. The business’s 50 day moving average is $2.44 and its 200-day moving average is $4.38. 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 (NYSE:AGL) last announced 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). agilon health had a negative net margin of 6.88% and a negative return on equity of 47.84%. The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the previous year, the firm earned ($0.06) EPS. On average, analysts predict that agilon health, inc. will post -0.52 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Evercore ISI cut their price objective on agilon health from $7.00 to $4.00 and set an “in-line” rating on the stock in a research note on Tuesday, October 8th. JMP Securities downgraded agilon health from an “outperform” rating to a “market perform” rating in a report on Monday, November 11th. Stifel Nicolaus reduced their price objective on agilon health from $7.00 to $2.00 and set a “hold” rating on the stock in a research note on Tuesday, November 12th. TD Cowen lowered their target price on shares of agilon health from $6.00 to $2.00 and set a “hold” rating for the company in a research note on Monday, November 11th. Finally, Citigroup reduced their price target on shares of agilon health from $2.50 to $1.75 and set a “sell” rating on the stock in a research report on Wednesday, November 13th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $4.38.

Institutional Investors Weigh In On agilon health

Several institutional investors have recently bought and sold shares of AGL. Virtu Financial LLC acquired a new position in agilon health during the 3rd quarter valued at about $120,000. Geode Capital Management LLC increased its stake in shares of agilon health by 1.2% during the third quarter. Geode Capital Management LLC now owns 6,893,517 shares of the company’s stock valued at $27,097,000 after acquiring an additional 84,889 shares during the period. Barclays PLC raised its holdings in agilon health by 21.2% during the third quarter. Barclays PLC now owns 1,228,952 shares of the company’s stock worth $4,830,000 after purchasing an additional 214,830 shares in the last quarter. XTX Topco Ltd raised its holdings in agilon health by 271.1% during the third quarter. XTX Topco Ltd now owns 119,747 shares of the company’s stock worth $471,000 after purchasing an additional 87,481 shares in the last quarter. Finally, State Street Corp lifted its position in agilon health by 3.0% in the third quarter. State Street Corp now owns 7,449,706 shares of the company’s stock worth $29,277,000 after purchasing an additional 215,733 shares during the period.

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.