Boothbay Fund Management LLC Takes $291,000 Position in agilon health, inc. (NYSE:AGL)

Posted by Defense World Staff on Mar 4th, 2023

Boothbay Fund Management LLC bought a new stake in agilon health, inc. (NYSE:AGL – Get Rating) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,407 shares of the company’s stock, valued at approximately $291,000.

A number of other hedge funds also recently modified their holdings of the business. Vontobel Holding Ltd. purchased a new stake in shares of agilon health during the third quarter worth $803,000. Summit Financial Strategies Inc. purchased a new stake in shares of agilon health during the third quarter worth $780,000. Level Financial Advisors Inc. purchased a new stake in shares of agilon health during the second quarter worth $289,000. TriaGen Wealth Management LLC purchased a new stake in shares of agilon health during the third quarter worth $296,000. Finally, State of New Jersey Common Pension Fund D purchased a new stake in shares of agilon health during the second quarter worth $2,939,000.

Analyst Ratings Changes

AGL has been the subject of several recent research reports. Wells Fargo & Company cut their price objective on agilon health from $28.00 to $22.00 and set an “overweight” rating for the company in a report on Tuesday, November 15th. Deutsche Bank Aktiengesellschaft raised their target price on agilon health from $26.00 to $28.00 in a report on Friday. Stifel Nicolaus started coverage on agilon health in a report on Thursday, December 8th. They set a “buy” rating and a $23.00 target price on the stock. SVB Leerink cut their target price on agilon health from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Friday, November 4th. Finally, The Goldman Sachs Group cut their target price on agilon health from $38.00 to $34.00 and set a “buy” rating on the stock in a report on Tuesday, November 15th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $28.63.

agilon health Trading Up 3.1 %

Shares of NYSE:AGL opened at $25.22 on Friday. The company has a market cap of $10.39 billion, a P/E ratio of -97.00 and a beta of 1.09. The stock’s 50-day moving average is $20.31 and its 200-day moving average is $20.21. agilon health, inc. has a 52-week low of $14.82 and a 52-week high of $28.36. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.48 and a current ratio of 2.48.

Insider Activity

In related news, insider Benjamin Kornitzer sold 5,398 shares of agilon health stock in a transaction dated Friday, December 16th. The stock was sold at an average price of $16.82, for a total transaction of $90,794.36. Following the sale, the insider now directly owns 10,426 shares of the company’s stock, valued at $175,365.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, insider Benjamin Shaker sold 28,555 shares of agilon health stock in a transaction dated Wednesday, February 15th. The stock was sold at an average price of $23.37, for a total transaction of $667,330.35. Following the sale, the insider now directly owns 25,625 shares of the company’s stock, valued at $598,856.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Benjamin Kornitzer sold 5,398 shares of agilon health stock in a transaction dated Friday, December 16th. The stock was sold at an average price of $16.82, for a total value of $90,794.36. Following the sale, the insider now directly owns 10,426 shares in the company, valued at $175,365.32. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 68,168 shares of company stock valued at $1,413,444. 3.30% of the stock is owned by insiders.

agilon health Company Profile

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agilon health, inc. offers healthcare services for seniors through primary care physicians in the communities of the United States. As of December 31, 2021, it served approximately 238,000 senior members, which included 186,300 medicare advantage members and 51,700 medicare fee-for-service beneficiaries.