Oscar Health Inc (NYSE: OSCR) is 131.80% higher on its value in year-to-date trading and has touched a low of $4.72 and a high of $23.79 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OSCR stock was last observed hovering at around $20.99 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $21.21, the stock is 4.48% and 15.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.5 million and changing 1.05% at the moment leaves the stock 31.09% off its SMA200. OSCR registered 282.85% gain for a year compared to 6-month gain of 44.38%. The firm has a 50-day simple moving average (SMA 50) of $18.5418 and a 200-day simple moving average (SMA200) of $16.24595.
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The stock witnessed a 19.09% loss in the last 1 month and extending the period to 3 months gives it a 33.65%, and is -5.02% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.87% over the week and 5.54% over the month.
Oscar Health Inc (OSCR) has around 2400 employees, a market worth around $5.13B and $7.23B in sales. Fwd P/E is 36.70. Profit margin for the company is 0.25%. Distance from 52-week low is 349.36% and -10.84% from its 52-week high. The company has generated returns on investments over the last 12 months (1.26%).
The EPS is expected to grow by 105.32% this year.
Oscar Health Inc (OSCR) Top Institutional Holders
348.0 institutions hold shares in Oscar Health Inc (OSCR), with institutional investors hold 87.05% of the company’s shares. The shares outstanding are 193.87M, and float is at 173.22M with Short Float at 7.32%. Institutions hold 84.62% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.38 million shares valued at $275.03 million. The investor’s holdings represent 7.5114% of the OSCR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.18 million shares valued at $224.25 million to account for 6.1246 of the shares outstanding. The other top investors are DRAGONEER INVESTMENT GROUP, LLC which holds 12.73 million shares representing 5.4985% and valued at over $201.33 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 4.8762 of the shares totaling 11.29 million with a market value of $178.54 million.
Oscar Health Inc (OSCR) Insider Activity
The most recent transaction is an insider sale by Quane Alessandrea C., the company’s EVP, Chief Insurance Officer. SEC filings show that Quane Alessandrea C. sold 16,793 shares of the company’s common stock on Sep 06 ’24 at a price of $17.06 per share for a total of $0.29 million. Following the sale, the insider now owns 0.39 million shares.
Oscar Health Inc disclosed in a document filed with the SEC on Sep 06 ’24 that Blackley Richard Scott (Chief Financial Officer) sold a total of 29,957 shares of the company’s common stock. The trade occurred on Sep 06 ’24 and was made at $17.06 per share for $0.51 million. Following the transaction, the insider now directly holds 0.85 million shares of the OSCR stock.
Still, SEC filings show that on Sep 03 ’24, Blackley Richard Scott (Chief Financial Officer) disposed off 68,978 shares at an average price of $17.99 for $1.24 million. The insider now directly holds 884,213 shares of Oscar Health Inc (OSCR).
