NeueHealth, Inc. (NYSE:NEUE) CFO Sells $13,373.40 in Stock

NeueHealth, Inc. (NYSE:NEUE) CFO Jay Matushak sold 1,860 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $7.19, for a total value of $13,373.40. Following the completion of the sale, the chief financial officer now directly owns 22,227 shares in the company, valued at approximately $159,812.13. The trade was a 7.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Jay Matushak also recently made the following trade(s):

• On Monday, January 6th, Jay Matushak sold 4,970 shares of NeueHealth stock. The shares were sold at an average price of $7.33, for a total value of $36,430.10.

NeueHealth Stock Down 2.3 %

Shares of NYSE NEUE opened at $6.77 on Thursday. NeueHealth, Inc. has a 52-week low of $3.79 and a 52-week high of $7.73. The business’s 50 day moving average is $7.32 and its two-hundred day moving average is $5.99. The firm has a market cap of $56.09 million, a price-to-earnings ratio of -0.13 and a beta of 0.56.

Institutional Trading of NeueHealth

Large investors have recently modified their holdings of the stock. Virtu Financial LLC purchased a new stake in shares of NeueHealth during the fourth quarter worth $76,000. Northern Trust Corp increased its position in shares of NeueHealth by 66.8% during the fourth quarter. Northern Trust Corp now owns 32,644 shares of the company’s stock worth $242,000 after acquiring an additional 13,074 shares during the period. Finally, Partners Group Holding AG purchased a new stake in shares of NeueHealth during the third quarter worth $463,000. Hedge funds and other institutional investors own 63.88% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada cut their target price on NeueHealth from $8.00 to $7.00 and set a “sector perform” rating on the stock in a research report on Monday, December 9th.

About NeueHealth

NeueHealth, Inc, a healthcare company, provides various healthcare services for health consumers, providers, and payors in the United States. It operates through two segments: NeueCare and NeueSolutions. The NeueCare segment delivers healthcare services to ACA marketplace, medicare, and medicaid through owned and affiliated clinics.