Health Insurance Innovations Inc (HIIQ) was Initiated by First Analysis Sec to “Overweight” and the brokerage firm has set the Price Target at $27. First Analysis Sec advised their Clients and Investors in a research report released on Mar 3, 2017.
Based on several research reports , First Analysis Sec Initiated Health Insurance Innovations Inc on Mar 3, 2017 to “Overweight”, Price Target of the shares are set at $27.First Analysis Sec Initiated Health Insurance Innovations Inc on Mar 3, 2017 to “Overweight”, Price Target of the shares are set at $27.Company shares were Reiterated by Lake Street on Dec 30, 2016 to “Buy”, Firm has raised the Price Target to $ 20 from a previous price target of $13 .
Several company insiders have filed Insider transactions , on Feb 14, 2017, Michael D Hershberger (CFO, Secretary and Treasurer) sold 10,000 shares at $18.35 per share price. According to the SEC, on Dec 8, 2016, Sheldon Wang (Chief Technology Officer) sold 15,000 shares at $14.07 per share price. On Dec 1, 2016, Bruce Telkamp (CEO of HealthPocket, Inc.*) sold 3,456 shares at $12.85 per share price, according to the Form-4 filing with the securities and exchange commission.
Health Insurance Innovations Inc closed down -0.35 points or -1.95% at $17.6 with 1,68,384 shares getting traded on Monday. Post opening the session at $17.8, the shares hit an intraday low of $17.55 and an intraday high of $18.1 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Health Insurance Innovations Inc. is a developer distributor and administrator of cloud-based individual health insurance plans and ancillary products. The Company operates through two business segments: Insurance Plan Development and Distribution (IPD) and HP. IPD segment is engaged in designing implementing and administering short-term medical (STM) and other products and the distribution of STM and other products to consumer through its call center distribution network and online purchasing. HP segment includes the business activities of HealthPocket (HP) a subsidiary of the Company including the development of HealthPocket.com and generation of referral-based and other revenues. The Company offers products such as STM plans hospital indemnity plans and ancillary products.
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