agilon health, inc. (NYSE:AGL) CEO Buys $67,200.00 in Stock

agilon health, inc. (NYSE:AGL) CEO Steven Sell acquired 20,000 shares of the stock in a transaction dated Thursday, September 12th. The stock was bought at an average price of $3.36 per share, for a total transaction of $67,200.00. Following the completion of the purchase, the chief executive officer now owns 67,590 shares in the company, valued at approximately $227,102.40. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

agilon health Stock Performance

AGL stock opened at $4.00 on Thursday. The stock has a market capitalization of $1.65 billion, a PE ratio of -5.71 and a beta of 0.54. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.36 and a quick ratio of 1.36. The company has a 50 day moving average price of $5.26 and a 200 day moving average price of $5.55. agilon health, inc. has a fifty-two week low of $3.07 and a fifty-two week high of $20.37.

agilon health (NYSE:AGL) last released its earnings results on Tuesday, August 6th. The company reported ($0.07) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.07). The company had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.56 billion. agilon health had a negative return on equity of 29.91% and a negative net margin of 5.57%. The firm’s quarterly revenue was up 38.7% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.04) earnings per share. Analysts forecast that agilon health, inc. will post -0.32 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Capital International Investors grew its position in shares of agilon health by 84.7% during the 1st quarter. Capital International Investors now owns 20,197,932 shares of the company’s stock worth $123,207,000 after buying an additional 9,263,296 shares during the period. Capital World Investors grew its holdings in agilon health by 7.4% during the 4th quarter. Capital World Investors now owns 55,218,496 shares of the company’s stock worth $692,992,000 after acquiring an additional 3,813,214 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of agilon health by 46.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,139,886 shares of the company’s stock valued at $127,256,000 after acquiring an additional 3,195,087 shares during the last quarter. Norges Bank acquired a new position in shares of agilon health in the 4th quarter valued at $27,902,000. Finally, AQR Capital Management LLC boosted its position in shares of agilon health by 3,338.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,356,438 shares of the company’s stock worth $8,871,000 after purchasing an additional 1,316,990 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have weighed in on AGL shares. Evercore ISI upped their price target on agilon health from $5.50 to $7.00 and gave the company an “in-line” rating in a research report on Tuesday, July 9th. Baird R W upgraded shares of agilon health to a “hold” rating in a research report on Thursday, May 30th. Benchmark restated a “buy” rating and issued a $9.00 price target on shares of agilon health in a research report on Thursday, August 8th. Robert W. Baird initiated coverage on shares of agilon health in a research note on Thursday, May 30th. They set a “neutral” rating and a $6.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of agilon health from $5.00 to $4.00 and set a “hold” rating for the company in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $8.57.

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.