Oscar Health Inc’s recent filing unveils that its EVP, Chief Insurance Officer Quane Alessandrea C. unloaded Company’s shares for reported $0.27 million on Dec 06 ’24. In the deal valued at $16.16 per share,16,793 shares were sold. As a result of this transaction, Quane Alessandrea C. now holds 430,216 shares worth roughly $6.17 million.
Then, Blackley Richard Scott sold 29,939 shares, generating $483,668 in total proceeds. Upon selling the shares at $16.16, the Chief Financial Officer now owns 914,402 shares.
Before that, Wolin Steven sold 19,580 shares. Oscar Health Inc shares valued at $353,955 were divested by the Chief Operating Officer at a price of $18.08 per share. As a result of the transaction, Wolin Steven now holds 102,598 shares, worth roughly $1.47 million.
Jefferies initiated its Oscar Health Inc [OSCR] rating to an Underperform in a research note published on December 10, 2024; the price target was $12. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early November from “a Neutral” to “an Underperform”. UBS began covering OSCR with “Neutral” recommendation on October 07, 2024. Piper Sandler started covering the stock on June 26, 2024. It rated OSCR as “an Overweight”.
Price Performance Review of OSCR
On Friday, Oscar Health Inc [NYSE:OSCR] saw its stock jump 5.90% to $14.35. Over the last five days, the stock has gained 1.13%. Oscar Health Inc shares have risen nearly 6.77% since the year began. Nevertheless, the stocks have risen 61.42% over the past one year. While a 52-week high of $23.79 was reached on 01/03/25, a 52-week low of $8.44 was recorded on 01/02/25. SMA at 50 days reached $15.40, while 200 days put it at $17.33.
Levels Of Support And Resistance For OSCR Stock
The 24-hour chart illustrates a support level at 13.83, which if violated will result in even more drops to 13.31. On the upside, there is a resistance level at 14.64. A further resistance level may holdings at 14.93. The Relative Strength Index (RSI) on the 14-day chart is 48.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.24%. Stochastics %K at 41.45% indicates the stock is a holding.
How much short interest is there in Oscar Health Inc?
A steep rise in short interest was recorded in Oscar Health Inc stocks on 2024-12-13, growing by 2.92 million shares to a total of 19.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 16.62 million shares. There was a rise of 14.93%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 30, 2024 when Robert W. Baird began covering the stock and recommended ‘”an Outperform”‘ rating along with a $28 price target.
