Health Insurance Innovations, Inc. (HIIQ): Capital Llc Cannell , 10% owner of Health Insurance Innovations, Inc. purchased 3,898 shares on Apr 15, 2016. The Insider buying transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were purchased at $6.15 per share for a total value of $24,061.62 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 15, 2016, Capital Llc Cannell (10% owner) purchased 3,810 shares at $5.74 per share price.On Aug 25, 2015, Plan Intermediaries Sub Health (CEO) purchased 26,079 shares at $4.62 per share price.Also, On Aug 24, 2015, Patrick Mcnamee (President) purchased 25,000 shares at $4.56 per share price.On Jun 15, 2015, Paul G Gabos (director) purchased 10,000 shares at $4.92 per share price.
Health Insurance Innovations Inc: On Monday, Apr 18, 2016 heightened volatility was witnessed in Health Insurance Innovations Inc which led to swings in the share price. The shares opened for trading at $6.06 and hit $6.29 on the upside , eventually ending the session at $6.22, with a gain of 1.97% or 0.12 points. The heightened volatility saw the trading volume jump to 14,227 shares. The 52-week high of the share price is $8.24 and the company has a market cap of $92 M . The 52-week low of the share price is at $4.
Currently the company Insiders own 52.4% of Health Insurance Innovations Inc shares according to the proxy statements.Institutional Investors own 30.88% of Health Insurance Innovations Inc shares.
Health Insurance Innovations Inc. is a developer distributor and administrator of cloud-based individual health insurance plans and ancillary products. The Company operates through two business segments: Insurance Plan Development and Distribution (IPD) and HP. IPD segment is engaged in designing implementing and administering short-term medical (STM) and other products and the distribution of STM and other products to consumer through its call center distribution network and online purchasing. HP segment includes the business activities of HealthPocket (HP) a subsidiary of the Company including the development of HealthPocket.com and generation of referral-based and other revenues. The Company offers products such as STM plans hospital indemnity plans and ancillary products.