Oak Street Health, Inc. (NYSE:OSH – Get Rating) insider Geoffrey M. Price sold 147,511 shares of Oak Street Health stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of $30.03, for a total transaction of $4,429,755.33. Following the completion of the transaction, the insider now directly owns 1,395,759 shares in the company, valued at $41,914,642.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Oak Street Health Stock Up 2.4 %
Shares of Oak Street Health stock opened at $30.29 on Friday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 16.10. The firm has a market cap of $7.30 billion, a P/E ratio of -13.77 and a beta of 3.05. Oak Street Health, Inc. has a fifty-two week low of $13.29 and a fifty-two week high of $64.75. The business has a 50-day moving average price of $21.54 and a 200 day moving average price of $20.69.
Oak Street Health (NYSE:OSH – Get Rating) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.39) by ($0.04). The firm had revenue of $513.80 million during the quarter, compared to the consensus estimate of $506.82 million. Oak Street Health had a negative net margin of 27.11% and a negative return on equity of 716.26%. The firm’s quarterly revenue was up 73.2% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.29) earnings per share. On average, sell-side analysts forecast that Oak Street Health, Inc. will post -2.17 earnings per share for the current fiscal year.
Analyst Ratings Changes
Hedge Funds Weigh In On Oak Street Health
Several institutional investors have recently made changes to their positions in OSH. Capital Research Global Investors grew its holdings in shares of Oak Street Health by 61.0% during the first quarter. Capital Research Global Investors now owns 11,852,080 shares of the company’s stock valued at $318,584,000 after purchasing an additional 4,491,941 shares during the last quarter. Maverick Capital Ltd. grew its holdings in shares of Oak Street Health by 1,464.9% during the fourth quarter. Maverick Capital Ltd. now owns 4,225,127 shares of the company’s stock valued at $140,021,000 after purchasing an additional 3,955,127 shares during the last quarter. Route One Investment Company L.P. grew its holdings in shares of Oak Street Health by 92.9% during the first quarter. Route One Investment Company L.P. now owns 5,725,037 shares of the company’s stock valued at $153,889,000 after purchasing an additional 2,756,500 shares during the last quarter. Eminence Capital LP bought a new position in shares of Oak Street Health during the first quarter valued at approximately $73,233,000. Finally, Capital World Investors grew its holdings in shares of Oak Street Health by 44.5% during the fourth quarter. Capital World Investors now owns 5,966,260 shares of the company’s stock valued at $197,722,000 after purchasing an additional 1,836,533 shares during the last quarter. 91.42% of the stock is owned by institutional investors.
About Oak Street Health
Oak Street Health, Inc, together with its subsidiaries, offers healthcare services to the patients in the United States. The company operates primary care centers for Medicare beneficiaries. As of December 31, 2021, it operated 129 centers in 19 states, including Illinois, Michigan, Pennsylvania, Ohio, and Texas.
- Get a free copy of the StockNews.com research report on Oak Street Health (OSH)
- MarketBeat: Week in Review 8/1 – 8/5
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?
- Why Apple Could Be At All-Time Highs By Year End
- Beyond Meat Is Not Beyond Hope, And It’s Cheap
Receive News & Ratings for Oak Street Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oak Street Health and related companies with MarketBeat.com's FREE daily email newsletter.