DocGo Inc. (NASDAQ:DCGO) Shares Sold by RFG Advisory LLC

RFG Advisory LLC lowered its holdings in DocGo Inc. (NASDAQ:DCGO) by 10.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,622 shares of the company’s stock after selling 5,054 shares during the quarter. RFG Advisory LLC’s holdings in DocGo were worth $249,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Algert Global LLC acquired a new position in shares of DocGo during the 3rd quarter worth $780,000. Barclays PLC raised its stake in shares of DocGo by 493.6% during the 3rd quarter. Barclays PLC now owns 201,583 shares of the company’s stock worth $1,074,000 after buying an additional 167,626 shares during the last quarter. Good Life Advisors LLC acquired a new position in shares of DocGo during the 4th quarter worth $141,000. Raymond James & Associates acquired a new position in shares of DocGo during the 3rd quarter worth $802,000. Finally, Swiss National Bank raised its stake in shares of DocGo by 7.9% during the 3rd quarter. Swiss National Bank now owns 204,700 shares of the company’s stock worth $1,091,000 after buying an additional 15,000 shares during the last quarter. Institutional investors and hedge funds own 56.44% of the company’s stock.

Insider Transactions at DocGo

In other DocGo news, Director Michael J. Burdiek acquired 10,000 shares of the company’s stock in a transaction dated Thursday, March 14th. The stock was bought at an average price of $3.61 per share, with a total value of $36,100.00. Following the completion of the transaction, the director now directly owns 571,595 shares of the company’s stock, valued at $2,063,457.95. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 13.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DCGO. Needham & Company LLC lowered their price target on shares of DocGo from $14.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, February 29th. Stifel Nicolaus reduced their price objective on shares of DocGo from $11.00 to $8.00 and set a “buy” rating on the stock in a research note on Wednesday. Cantor Fitzgerald reduced their price objective on shares of DocGo from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, February 29th. Canaccord Genuity Group reduced their price objective on shares of DocGo from $10.00 to $9.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, BTIG Research reduced their price objective on shares of DocGo from $13.00 to $11.00 and set a “buy” rating on the stock in a research note on Wednesday. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, DocGo currently has a consensus rating of “Buy” and a consensus target price of $10.83.

DocGo Stock Performance

Shares of DCGO stock opened at $3.26 on Friday. DocGo Inc. has a one year low of $2.78 and a one year high of $10.82. The company has a 50 day moving average price of $3.73 and a 200 day moving average price of $4.70. The firm has a market capitalization of $339.59 million, a price-to-earnings ratio of 46.57, a price-to-earnings-growth ratio of 0.33 and a beta of 0.91.

DocGo (NASDAQ:DCGO) last issued its quarterly earnings results on Wednesday, February 28th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.07). DocGo had a return on equity of 2.01% and a net margin of 1.10%. The company had revenue of $199.25 million for the quarter, compared to analyst estimates of $195.48 million. As a group, equities analysts forecast that DocGo Inc. will post 0.35 EPS for the current fiscal year.

DocGo Company Profile

DocGo Inc provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. The company's transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services.