6 days Ago By Defense World Staff
American Century Companies Inc. purchased a new position in Phreesia, Inc. (NYSE:PHR – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.
The firm purchased 25,598 shares of the company’s stock, valued at approximately $644,000. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp grew its position in shares of Phreesia by 7.
1% in the 3rd quarter. State Street Corp now owns 1,327,586 shares of the company’s stock worth $30,256,000 after acquiring an additional 88,517 shares in the last quarter. Charles Schwab Investment Management Inc.
lifted its stake in Phreesia by 10.3% during the fourth quarter. Charles Schwab Investment Management Inc.
now owns 493,448 shares of the company’s stock worth $12,415,000 after purchasing an additional 46,209 shares during the last quarter. Wesbanco Bank Inc. boosted its holdings in Phreesia by 76.
9% in the fourth quarter. Wesbanco Bank Inc. now owns 46,000 shares of the company’s stock worth $1,157,000 after purchasing an additional 20,000 shares during the period.
Barclays PLC boosted its holdings in Phreesia by 83.6% in the third quarter. Barclays PLC now owns 94,929 shares of the company’s stock worth $2,163,000 after purchasing an additional 43,225 shares during the period.
Finally, Franklin Resources Inc. increased its stake in Phreesia by 3.0% during the third quarter.
Franklin Resources Inc. now owns 1,497,631 shares of the company’s stock valued at $31,495,000 after purchasing an additional 42,973 shares during the last quarter. 92.
10% of the stock is owned by institutional investors. Phreesia Trading Up 0.3 %Shares of PHR stock opened at $24.
06 on Friday. Phreesia, Inc. has a 1 year low of $17.
07 and a 1 year high of $30.53. The firm has a market capitalization of $1.
41 billion, a PE ratio of -16.37 and a beta of 0.82.
The stock has a fifty day moving average of $26.57 and a two-hundred day moving average of $24.26.
The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.
74. Analysts Set New Price TargetsSeveral research firms have recently commented on PHR. Citigroup lifted their price target on shares of Phreesia from $31.
00 to $35.00 and gave the company a “buy” rating in a report on Friday, January 10th. Canaccord Genuity Group lifted their target price on Phreesia from $34.
00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, March 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $29.
00 target price on shares of Phreesia in a report on Thursday, March 13th. Piper Sandler reissued an “overweight” rating and issued a $33.00 price target (up previously from $31.
00) on shares of Phreesia in a report on Wednesday, January 29th. Finally, KeyCorp boosted their price objective on Phreesia from $28.00 to $30.
00 and gave the company an “overweight” rating in a research report on Wednesday, January 8th. Twelve equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $31.33.
Get Our Latest Stock Report on PhreesiaInsider Activity at PhreesiaIn other news, CFO Balaji Gandhi sold 28,759 shares of Phreesia stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $30.00, for a total transaction of $862,770.
00. Following the transaction, the chief financial officer now directly owns 116,174 shares in the company, valued at approximately $3,485,220. This trade represents a 19.
84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Evan Roberts sold 1,785 shares of the business’s stock in a transaction on Wednesday, January 15th.
The stock was sold at an average price of $26.98, for a total value of $48,159.30.
Following the completion of the sale, the chief operating officer now directly owns 768,208 shares in the company, valued at $20,726,251.84. This represents a 0.
23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 176,963 shares of company stock worth $4,920,321 over the last ninety days.
5.80% of the stock is currently owned by corporate insiders. Phreesia Company Profile (Free Report)Phreesia, Inc provides an integrated SaaS-based software and payment platform for the healthcare industry in the United States and Canada.
The company offers access solutions that offers appointment scheduling system for online appointments, reminders, and referral tracking management; registration solution to automate patient self-registration; revenue cycle solution, which offer insurance-verification processes, point-of-sale payments applications, post-visit payment collection, and flexible payment options; and network connect solution to deliver clinically relevant content to patients.Featured StoriesFive stocks we like better than Phreesia3 Dividend Kings To ConsiderJPMorgan is a Buy, if You Can Handle The Volatility Election Stocks: How Elections Affect the Stock MarketUnited States Steel’s Crash: An Unmissable Buying OpportunityWhere to Find Earnings Call TranscriptsRocket Lab Stock: Weathering the Storm, Time for a Comeback?Want to see what other hedge funds are holding PHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Phreesia, Inc.
(NYSE:PHR – Free Report)..
