Oscar Health Inc’s filing revealed that its EVP, Chief Insurance Officer Quane Alessandrea C. unloaded Company’s shares for reported $0.29 million on Sep 06 ’24. In the deal valued at $17.06 per share,16,793 shares were sold. As a result of this transaction, Quane Alessandrea C. now holds 392,607 shares worth roughly $7.91 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Blackley Richard Scott sold 29,957 shares, generating $511,066 in total proceeds. Upon selling the shares at $17.06, the Chief Financial Officer now owns 853,875 shares.
Before that, Blackley Richard Scott sold 68,978 shares. Oscar Health Inc shares valued at $1,240,914 were divested by the Chief Financial Officer at a price of $17.99 per share. As a result of the transaction, Blackley Richard Scott now holds 884,213 shares, worth roughly $17.81 million.
Piper Sandler initiated its Oscar Health Inc [OSCR] rating to an Overweight in a research note published on June 26, 2024; the price target was $25. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in late May with a ‘”an Outperform”‘ rating. BofA Securities also remained covering OSCR and has decreased its forecast on May 30, 2024 with a “Neutral” recommendation from previously “Buy” rating. Raymond James started covering the stock on March 22, 2024. It rated OSCR as “an Outperform”.
Price Performance Review of OSCR
On Friday, Oscar Health Inc [NYSE:OSCR] saw its stock jump 4.95% to $20.14. Over the last five days, the stock has lost -4.05%. Oscar Health Inc shares have risen nearly 120.11% since the year began. Nevertheless, the stocks have risen 261.58% over the past one year. While a 52-week high of $23.79 was reached on 09/20/24, a 52-week low of $4.72 was recorded on 01/10/24. SMA at 50 days reached $18.90, while 200 days put it at $16.49.
Levels Of Support And Resistance For OSCR Stock
The 24-hour chart illustrates a support level at 19.53, which if violated will result in even more drops to 18.91. On the upside, there is a resistance level at 20.51. A further resistance level may holdings at 20.87. The Relative Strength Index (RSI) on the 14-day chart is 49.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.16%. Stochastics %K at 15.29% indicates the stock is a buying.
How much short interest is there in Oscar Health Inc?
A steep rise in short interest was recorded in Oscar Health Inc stocks on 2024-09-13, dropping by -5.0 million shares to a total of 12.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 17.68 million shares. There was a decline of -39.41%, which implies that there is a negative sentiment for the stock.
