Oscar Health Inc (NYSE: OSCR) is 77.92% higher on its value in year-to-date trading and has touched a low of $7.29 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 $16.85 in the last trading session, with the day’s loss setting it -0.57%.
Currently trading at $16.28, the stock is 2.32% and -7.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.65 million and changing -3.38% at the moment leaves the stock -6.64% off its SMA200. OSCR registered 91.53% gain for a year compared to 6-month loss of -19.33%. The firm has a 50-day simple moving average (SMA 50) of $17.7992 and a 200-day simple moving average (SMA200) of $17.4422.
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The stock witnessed a 6.06% gain in the last 1 month and extending the period to 3 months gives it a -5.73%, and is -9.61% 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 7.56% over the week and 8.42% over the month.
Oscar Health Inc (OSCR) has around 2400 employees, a market worth around $4.03B and $8.22B in sales. Fwd P/E is 21.59. Profit margin for the company is 0.35%. Distance from 52-week low is 123.32% and -31.57% from its 52-week high. The company has generated returns on investments over the last 12 months (1.98%).
with sales reaching $2.48B over the same period.The EPS is expected to grow by 103.35% this year, but quarterly earnings will post 57.92% year-over-year. Quarterly sales are estimated to grow 73.01% in year-over-year returns.
Oscar Health Inc (OSCR) Top Institutional Holders
383.0 institutions hold shares in Oscar Health Inc (OSCR), with institutional investors hold 90.18% of the company’s shares. The shares outstanding are 193.87M, and float is at 173.65M with Short Float at 7.14%. Institutions hold 87.47% 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 purchase by Thrive Partners VII Growth GP, the company’s Director. SEC filings show that Thrive Partners VII Growth GP, bought 100,000 shares of the company’s common stock on Nov 21 ’24 at a price of $16.86 per share for a total of $1.69 million. Following the purchase, the insider now owns 6.34 million shares.
Oscar Health Inc disclosed in a document filed with the SEC on Nov 20 ’24 that Thrive Partners VII Growth GP, (Director) bought a total of 88,395 shares of the company’s common stock. The trade occurred on Nov 20 ’24 and was made at $16.97 per share for $1.5 million. Following the transaction, the insider now directly holds 6.24 million shares of the OSCR stock.
Still, SEC filings show that on Nov 21 ’24, Kushner Joshua (Co-Founder and Vice Chairman) acquired 100,000 shares at an average price of $16.86 for $1.69 million. The insider now directly holds 6,343,617 shares of Oscar Health Inc (OSCR).
