agilon health (NYSE:AGL) Trading Up 4.4% After Analyst Upgrade

agilon health, inc. (NYSE:AGLGet Rating) was up 4.4% during mid-day trading on Thursday after Wells Fargo & Company raised their price target on the stock from $22.00 to $28.00. The stock traded as high as $25.02 and last traded at $24.97. Approximately 541,831 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 2,141,364 shares. The stock had previously closed at $23.91.

Other analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of agilon health from $26.00 to $28.00 in a research report on Friday, March 3rd. Stifel Nicolaus initiated coverage on shares of agilon health in a report on Thursday, December 8th. They set a “buy” rating and a $23.00 target price on the stock. Finally, Guggenheim upped their target price on shares of agilon health from $21.00 to $30.00 and gave the stock a “buy” rating in a report on Monday, March 6th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.38.

Insider Transactions at agilon health

In other news, insider Benjamin Kornitzer sold 2,698 shares of the stock in a transaction on Thursday, January 5th. The shares were sold at an average price of $15.51, for a total value of $41,845.98. Following the transaction, the insider now owns 10,426 shares of the company’s stock, valued at approximately $161,707.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Benjamin Shaker sold 28,555 shares of the stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $23.37, for a total value of $667,330.35. Following the transaction, the insider now owns 25,625 shares of the company’s stock, valued at approximately $598,856.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Benjamin Kornitzer sold 2,698 shares of the stock in a transaction on Thursday, January 5th. The stock was sold at an average price of $15.51, for a total transaction of $41,845.98. Following the completion of the transaction, the insider now directly owns 10,426 shares in the company, valued at approximately $161,707.26. The disclosure for this sale can be found here. Insiders have sold 65,466 shares of company stock valued at $1,424,383 in the last quarter. Insiders own 3.30% of the company’s stock.

Hedge Funds Weigh In On agilon health

A number of institutional investors have recently made changes to their positions in the stock. Point72 Middle East FZE purchased a new stake in shares of agilon health in the 4th quarter valued at $111,000. United Capital Financial Advisers LLC boosted its stake in shares of agilon health by 22.2% in the 4th quarter. United Capital Financial Advisers LLC now owns 41,593 shares of the company’s stock valued at $671,000 after purchasing an additional 7,560 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of agilon health by 2.1% in the 4th quarter. Public Employees Retirement System of Ohio now owns 96,914 shares of the company’s stock valued at $1,564,000 after purchasing an additional 2,032 shares in the last quarter. CI Private Wealth LLC purchased a new stake in shares of agilon health in the 4th quarter valued at $1,242,000. Finally, Captrust Financial Advisors boosted its stake in shares of agilon health by 1.5% in the 4th quarter. Captrust Financial Advisors now owns 32,971 shares of the company’s stock valued at $532,000 after purchasing an additional 487 shares in the last quarter.

agilon health Stock Up 9.1 %

The company has a market cap of $10.77 billion, a PE ratio of -100.30 and a beta of 1.09. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.71 and a current ratio of 2.71. The stock’s 50 day moving average price is $21.75 and its 200-day moving average price is $20.38.

About agilon health

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agilon health, inc. offers healthcare services for seniors through primary care physicians in the communities of the United States. As of December 31, 2021, it served approximately 238,000 senior members, which included 186,300 medicare advantage members and 51,700 medicare fee-for-service beneficiaries.

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