agilon health, inc. (NYSE:AGL) Director Acquires $16,500.00 in Stock

agilon health, inc. (NYSE:AGL) Director Diana Mckenzie acquired 7,500 shares of the stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of $2.20 per share, with a total value of $16,500.00. Following the completion of the purchase, the director now directly owns 58,819 shares in the company, valued at approximately $129,401.80. The trade was a 14.61 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Diana Mckenzie also recently made the following trade(s):

• On Monday, November 25th, Diana Mckenzie purchased 12,500 shares of agilon health stock. The shares were bought at an average price of $2.28 per share, for a total transaction of $28,500.00.

agilon health Trading Up 1.4 %

AGL opened at $2.25 on Friday. agilon health, inc. has a 12 month low of $1.50 and a 12 month high of $13.76. The stock has a fifty day moving average price of $2.44 and a 200-day moving average price of $4.40. The firm has a market cap of $927.04 million, a price-to-earnings ratio of -2.39 and a beta of 0.51. 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 posted its earnings results on Thursday, November 7th. The company reported ($0.29) earnings per share (EPS) 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 company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.47 billion. During the same quarter last year, the firm earned ($0.06) EPS. As a group, equities research analysts anticipate that agilon health, inc. will post -0.52 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. J.Safra Asset Management Corp raised its stake in agilon health by 626.1% in the second quarter. J.Safra Asset Management Corp now owns 4,204 shares of the company’s stock valued at $27,000 after buying an additional 3,625 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of agilon health during the third quarter worth about $28,000. City State Bank acquired a new position in shares of agilon health during the third quarter valued at about $52,000. CWM LLC boosted its stake in agilon health by 406.5% in the 2nd quarter. CWM LLC now owns 9,081 shares of the company’s stock worth $59,000 after purchasing an additional 7,288 shares in the last quarter. Finally, Nisa Investment Advisors LLC purchased a new stake in agilon health during the 2nd quarter worth approximately $60,000.

Wall Street Analyst Weigh In

AGL has been the topic of several analyst reports. Stifel Nicolaus cut their price target on shares of agilon health from $7.00 to $2.00 and set a “hold” rating on the stock in a report on Tuesday, November 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $3.00 price target on shares of agilon health in a report on Tuesday, November 19th. TD Cowen decreased their price target on agilon health from $6.00 to $2.00 and set a “hold” rating for the company in a research note on Monday, November 11th. Bank of America downgraded agilon health from a “buy” rating to an “underperform” rating and set a $3.00 price objective on the stock. in a research report on Wednesday, October 2nd. Finally, Barclays decreased their target price on agilon health from $5.00 to $2.00 and set an “underweight” rating for the company in a research report on Monday, November 11th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, agilon health has an average rating of “Hold” and an average price target of $4.38.

agilon health Company Profile

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.