Irene Becklund Sells 5,529 Shares of Hims & Hers Health (NYSE:HIMS) Stock

Hims & Hers Health, Inc. (NYSE:HIMSGet Free Report) insider Irene Becklund sold 5,529 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $24.69, for a total value of $136,511.01. Following the sale, the insider owned 8,752 shares of the company’s stock, valued at $216,086.88. The trade was a 38.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Hims & Hers Health Price Performance

Shares of HIMS stock traded down $1.75 during trading hours on Wednesday, reaching $23.23. The company’s stock had a trading volume of 34,826,246 shares, compared to its average volume of 35,648,238. Hims & Hers Health, Inc. has a fifty-two week low of $13.74 and a fifty-two week high of $70.43. The firm’s 50 day simple moving average is $23.43 and its 200-day simple moving average is $37.08. The company has a quick ratio of 1.70, a current ratio of 1.90 and a debt-to-equity ratio of 1.80. The company has a market capitalization of $5.30 billion, a price-to-earnings ratio of 45.55, a PEG ratio of 2.42 and a beta of 2.55.

Hims & Hers Health (NYSE:HIMSGet Free Report) last posted its quarterly earnings results on Monday, February 23rd. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. Hims & Hers Health had a return on equity of 22.48% and a net margin of 5.47%.The company had revenue of $617.82 million during the quarter, compared to analysts’ expectations of $619.48 million. During the same quarter in the previous year, the firm earned $0.11 EPS. Hims & Hers Health’s revenue was up 28.4% on a year-over-year basis. Sell-side analysts forecast that Hims & Hers Health, Inc. will post 0.29 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Virtus Advisers LLC acquired a new stake in Hims & Hers Health during the 2nd quarter worth approximately $26,000. Quent Capital LLC bought a new stake in Hims & Hers Health during the 3rd quarter worth approximately $28,000. Flagship Harbor Advisors LLC acquired a new stake in Hims & Hers Health in the fourth quarter valued at $28,000. Binnacle Investments Inc acquired a new stake in shares of Hims & Hers Health in the third quarter valued at about $28,000. Finally, Bogart Wealth LLC increased its stake in shares of Hims & Hers Health by 235.8% in the fourth quarter. Bogart Wealth LLC now owns 900 shares of the company’s stock valued at $29,000 after buying an additional 632 shares during the period. Institutional investors own 63.52% of the company’s stock.

Key Stories Impacting Hims & Hers Health

Here are the key news stories impacting Hims & Hers Health this week:

Analyst Upgrades and Downgrades

HIMS has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Hims & Hers Health in a report on Monday, December 29th. Truist Financial reiterated a “hold” rating and set a $18.00 price objective (down from $37.00) on shares of Hims & Hers Health in a research report on Tuesday, February 24th. Zacks Research upgraded shares of Hims & Hers Health from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 25th. Evercore set a $24.00 price target on shares of Hims & Hers Health in a report on Tuesday, February 24th. Finally, Bank of America upgraded Hims & Hers Health from an “underperform” rating to a “neutral” rating and increased their price target for the company from $12.50 to $23.00 in a research note on Tuesday, March 10th. Three equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $31.29.

Get Our Latest Report on HIMS

Hims & Hers Health Company Profile

(Get Free Report)

Hims & Hers Health, Inc is a telehealth platform providing direct-to-consumer personal care products and virtual medical services in the United States. Operating under the Hims & Hers brand, the company offers an integrated digital experience that connects users with licensed healthcare providers, enabling online consultations and prescriptions for a range of conditions. Its telemedicine infrastructure supports both prescription medications and over-the-counter products, with home delivery to patients’ doorsteps.

The company’s product portfolio addresses key areas of men’s and women’s health, including hair loss treatments, sexual wellness therapies, skincare regimens and mental health support.

See Also

Insider Buying and Selling by Quarter for Hims & Hers Health (NYSE:HIMS)

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