SG Americas Securities LLC Increases Position in Sharecare, Inc. (NASDAQ:SHCR)

SG Americas Securities LLC lifted its position in shares of Sharecare, Inc. (NASDAQ:SHCR – Get Rating) by 10.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 96,265 shares of the company’s stock after buying an additional 9,448 shares during the quarter. SG Americas Securities LLC’s holdings in Sharecare were worth $154,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Russell Investments Group Ltd. bought a new stake in Sharecare in the 3rd quarter valued at $604,000. Cutter & CO Brokerage Inc. increased its holdings in Sharecare by 3.3% in the 3rd quarter. Cutter & CO Brokerage Inc. now owns 204,650 shares of the company’s stock valued at $389,000 after acquiring an additional 6,500 shares during the last quarter. Cowen Prime Advisors LLC increased its holdings in Sharecare by 14.2% in the 4th quarter. Cowen Prime Advisors LLC now owns 3,144,000 shares of the company’s stock valued at $5,030,000 after acquiring an additional 391,500 shares during the last quarter. Telemetry Investments L.L.C. bought a new stake in shares of Sharecare in the 3rd quarter worth about $585,000. Finally, Lazard Asset Management LLC increased its holdings in shares of Sharecare by 139.6% in the 3rd quarter. Lazard Asset Management LLC now owns 35,266 shares of the company’s stock worth $67,000 after buying an additional 20,547 shares during the last quarter. Hedge funds and other institutional investors own 34.22% of the company’s stock.

Sharecare Stock Performance

Shares of NASDAQ SHCR opened at $1.44 on Friday. The company’s fifty day moving average price is $1.79 and its 200 day moving average price is $1.96. Sharecare, Inc. has a 1 year low of $1.32 and a 1 year high of $3.20. The company has a market capitalization of $512.96 million, a PE ratio of -4.36 and a beta of 0.28.

Analyst Ratings Changes

Separately, Morgan Stanley cut their price target on shares of Sharecare from $2.50 to $2.00 and set an “equal weight” rating on the stock in a report on Thursday, March 30th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Sharecare has a consensus rating of “Moderate Buy” and a consensus price target of $3.02.

About Sharecare

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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 enhance their health and well-being.