Top Institutional Investors That Own Health Insurance Innovations, Inc. (HIIQ)

Health Insurance Innovations, Inc. (NASDAQ:HIIQ) is at least 144.27% than its current record low price of $12.65. There was a -6.79% decline on 03/13/2018 that led the price to move at $30.9. At recent session, the prices were hovering between $30.7 and $33.4. This company shares are 21.36% off its target price of $37.5 and the current market capitalization stands at $499.96M. The recent change has given its price a 12.65% lead over SMA 50 and -17.32% deficit over its 52-week high. The stock witnessed 40.14% gains, 35.53% gains and 32.33% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found HIIQ’s volatility during a week at 4.95% and during a month it has been found around 6.85%.

Health Insurance Innovations, Inc. (HIIQ) Top Holders

Institutional investors currently hold around $452 million or 0% in HIIQ stock. Look at its top three institutional owners. Lyon Street Capital, Llc owns $48.18 million in Health Insurance Innovations, Inc., which represents roughly 9.64% of the company’s market cap and approximately 10.66% of the institutional ownership. Similar statistics are true for the second largest owner, Cannell Capital Llc, which owns 1,035,187 shares of the stock are valued at $34.32 million. The third largest holder is Renaissance Technologies Llc, which currently holds $33.19 million worth of this stock and that ownership represents nearly 6.64% of its market capitalization.

Health Insurance Innovations, Inc. 13F Filings

At the end of 12/31/2017 reporting period, 63 institutional holders increased their position in Health Insurance Innovations, Inc. (NASDAQ:HIIQ) by some 4,639,469 shares, 67 decreased positions by 2,635,477 and 11 held positions by 6,366,545. That puts total institutional holdings at 13,641,491 shares, according to SEC filings. The stock grabbed 21 new institutional investments totaling 1,443,476 shares while 35 institutional investors sold out their entire positions totaling 1,581,075 shares.

Health Insurance Innovations, Inc. (NASDAQ:HIIQ) Insider Trades

Multiple company employees have indulged in significant insider trading. Health Insurance Innovations, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Technology Officer Wang Sheldon has sold 50,000 shares of Health Insurance Innovations, Inc. (HIIQ) in trading session dated Mar. 01, 2018. These shares are worth $1,772,500 and were traded at $35.45 each. The SEC filing shows that Wang Sheldon performed a sale of 30,000 shares. The Chief Technology Officer disposed these shares by way of transaction on Feb. 16, 2018. The company’s shares were given away at $30.49 per share worth to an income of some $914,700 on account of Wang Sheldon.

Chief Technology Officer, Wang Sheldon, sold 5,000 common shares of Health Insurance Innovations, Inc. (HIIQ) in the open market. In a transaction dated Jan. 25, 2018, the shares were put up for sale at an average price of $28.3, raking in a sum of $141,500. After this sale, 109,001 common shares of HIIQ are directly owned by the insider, with total stake valued at $3,368,131.

In the transaction dated Jan. 05, 2018, the great number of shares disposed came courtesy the Chief Technology Officer; Wang Sheldon disposed a total of 13,768 shares at an average price of $25.23, amounting to approximately $347,367. The insider now directly owns 114,001 shares worth $3,522,631.

Health Insurance Innovations, Inc. (HIIQ) Analyst Guide

Several analysts have released their opinion on Health Insurance Innovations, Inc. (NASDAQ:HIIQ), with 4 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.2 average brokerage recommendation.

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