Wolverine Asset Management LLC Raises Position in Sharecare, Inc. (NASDAQ:SHCR)

Wolverine Asset Management LLC raised its holdings in Sharecare, Inc. (NASDAQ:SHCR) by 73.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 955,017 shares of the company’s stock after buying an additional 404,554 shares during the quarter. Wolverine Asset Management LLC’s holdings in Sharecare were worth $1,356,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SHCR. Bfsg LLC boosted its position in shares of Sharecare by 16.1% during the second quarter. Bfsg LLC now owns 95,500 shares of the company’s stock valued at $129,000 after purchasing an additional 13,270 shares in the last quarter. DRW Securities LLC bought a new stake in Sharecare during the 2nd quarter valued at about $38,000. Vanguard Personalized Indexing Management LLC purchased a new position in Sharecare in the 2nd quarter worth approximately $42,000. XTX Topco Ltd bought a new position in shares of Sharecare during the second quarter valued at $42,000. Finally, Panagora Asset Management Inc. purchased a new stake in shares of Sharecare during the 2nd quarter valued at about $56,000. 35.08% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Jeffrey T. Arnold sold 177,085 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $1.38, for a total value of $244,377.30. Following the transaction, the insider now owns 4,790,406 shares of the company’s stock, valued at approximately $6,610,760.28. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 30.61% of the company’s stock.

Sharecare Price Performance

NASDAQ SHCR opened at $1.43 on Wednesday. The stock has a market capitalization of $531.79 million, a price-to-earnings ratio of -3.67 and a beta of 0.51. The business’s fifty day moving average price is $1.42 and its 200-day moving average price is $1.23. Sharecare, Inc. has a 1-year low of $0.48 and a 1-year high of $1.44.

Sharecare Profile

Sharecare, Inc operates as a digital healthcare platform company. Its Sharecare platform connects people, patients, providers, employers, health plans, government organizations, and communities that optimize individual and population-wide well-being. The company offers enterprise solutions based on a software-as-a-service model that allows enterprise clients to message, motivate, and manage their populations, as well as measure their population progress; a suite of data and information-driven solutions; and life sciences solutions, which provides members with personalized information, programs, and resources to improve their health and well-being.