38,230 Shares in Sharecare, Inc. (NASDAQ:SHCR) Purchased by Bfsg LLC

Bfsg LLC acquired a new stake in Sharecare, Inc. (NASDAQ:SHCR) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,230 shares of the company’s stock, valued at approximately $41,000.

A number of other large investors have also recently added to or reduced their stakes in SHCR. Pennsylvania Capital Management Inc. ADV acquired a new position in Sharecare in the third quarter valued at approximately $6,252,000. Private Management Group Inc. acquired a new position in Sharecare in the fourth quarter valued at approximately $4,410,000. WealthPlan Investment Management LLC lifted its holdings in Sharecare by 1,307,971.1% in the third quarter. WealthPlan Investment Management LLC now owns 1,177,264 shares of the company’s stock valued at $1,107,000 after acquiring an additional 1,177,174 shares during the last quarter. GSA Capital Partners LLP acquired a new position in Sharecare in the third quarter valued at approximately $865,000. Finally, Pathstone Family Office LLC acquired a new position in Sharecare in the third quarter valued at approximately $64,000. 35.08% of the stock is currently owned by institutional investors and hedge funds.

Sharecare Stock Performance

NASDAQ:SHCR opened at $0.74 on Friday. Sharecare, Inc. has a 52 week low of $0.48 and a 52 week high of $1.80. The stock’s fifty day moving average is $0.85 and its two-hundred day moving average is $0.98.

Sharecare (NASDAQ:SHCR) last posted its quarterly earnings data on Thursday, March 28th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). Sharecare had a negative return on equity of 17.11% and a negative net margin of 28.86%. The company had revenue of $105.28 million for the quarter, compared to analysts’ expectations of $113.88 million. Equities research analysts predict that Sharecare, Inc. will post -0.21 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on SHCR. BTIG Research cut Sharecare from a “buy” rating to a “neutral” rating in a research note on Monday, April 1st. Morgan Stanley decreased their price target on Sharecare from $1.50 to $1.00 and set an “equal weight” rating on the stock in a research note on Monday, April 15th.

Sharecare Company Profile

Sharecare, Inc operates as a digital healthcare platform company. Its Sharecare platform connects people, patients, providers, employers, health plans, government organizations, and communities that optimize individual and population-wide well-being. The company offers enterprise solutions based on a software-as-a-service model that allows enterprise clients to message, motivate, and manage their populations, as well as measure their population progress; a suite of data and information-driven solutions; and life sciences solutions, which provides members with personalized information, programs, and resources to enhance their health and well-being.