Healthequity Inc (HQY): Stephen Neeleman , Founder and Vice Chairman of Healthequity Inc sold 19,900 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $25.04 per share for a total value of $498,044.44 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, Darcy G Mott (Executive VP and CFO) sold 10,000 shares at $25.00 per share price.On May 17, 2016, Stephen Neeleman (Founder and Vice Chairman) sold 100 shares at $25.00 per share price.Also, On May 13, 2016, Jon Kessler (President and CEO) sold 52,000 shares at $25.21 per share price.On Apr 13, 2016, Manu S Rana (director) sold 500,000 shares at $23.48 per share price.
Healthequity Inc: On Wednesday, May 25, 2016 heightened volatility was witnessed in Healthequity Inc which led to swings in the share price. The shares opened for trading at $24.59 and hit $25.08 on the upside , eventually ending the session at $25.06, with a gain of 2.16% or 0.53 points. The heightened volatility saw the trading volume jump to 2,49,963 shares. The 52-week high of the share price is $35.779 and the company has a market cap of $1,448 M . The 52-week low of the share price is at $15.8.
HealthEquity Inc. is a provider of a range of solutions for managing health care accounts (Health Savings Accounts (HSAs)) Health Reimbursement Arrangements (HRAs) and Flexible Spending Accounts (FSAs)) for health plans insurance companies and third-party administrators. The Company is engaged in technology-enabled services platforms that allow consumers to make healthcare saving and spending decisions. The Company’s platform provides an ecosystem where consumers can access their tax-advantaged healthcare savings compare treatment options and pricing evaluate and pay healthcare bills receive personalized benefit and clinical information earn wellness incentives and make educated investment choices to grow their tax-advantaged healthcare savings. The Company’s products and services include healthcare saving and spending platform health savings accounts investment advisory services reimbursement arrangements and healthcare incentives.