Elimelech Rosner, EVP at HealthEquity (NASDAQ:HQY), disclosed an insider sell on December 13, according to a recent SEC filing.
What Happened: After conducting a thorough analysis, Rosner sold 2,017 shares of HealthEquity. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total transaction value is $141,364.
The latest update on Thursday morning shows HealthEquity shares down by 3.8%, trading at $65.14.
About HealthEquity
HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. Its technology allows customers to see their tax-advantaged healthcare savings, compare treatment options and pricing, pay healthcare bills, receive benefit information, and earn wellness incentives. The firm primarily partners with health plans and employers and serves as the custodian of its customers' health savings accounts (HSAs). HealthEquity also engages in reimbursement arrangements and offers healthcare incentives to its members. In addition, the company provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.
Understanding the Numbers: HealthEquity's Finances
Positive Revenue Trend: Examining HealthEquity's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 15.33% as of 31 October, 2023, showcasing ...