Sharecare (NASDAQ:SHCR) Shares Down 3.6%

Sharecare, Inc. (NASDAQ:SHCR – Get Rating)’s share price was down 3.6% during trading on Tuesday . The company traded as low as $2.44 and last traded at $2.44. Approximately 2,831 shares traded hands during trading, a decline of 100% from the average daily volume of 1,585,559 shares. The stock had previously closed at $2.53.

A number of equities research analysts recently commented on SHCR shares. Canaccord Genuity Group decreased their target price on Sharecare from $12.00 to $6.00 in a report on Friday, April 1st. The Goldman Sachs Group decreased their target price on Sharecare from $4.50 to $4.00 and set a “neutral” rating for the company in a report on Friday, April 1st. Finally, BTIG Research decreased their target price on Sharecare from $15.00 to $10.00 and set a “buy” rating for the company in a report on Friday, April 1st.

The stock’s fifty day moving average is $2.92.

Several institutional investors have recently bought and sold shares of SHCR. US Bancorp DE purchased a new stake in shares of Sharecare in the third quarter valued at approximately $36,000. WealthPLAN Partners LLC purchased a new stake in shares of Sharecare in the fourth quarter valued at approximately $36,000. Morgan Stanley purchased a new stake in shares of Sharecare in the third quarter valued at approximately $36,000. Sandy Spring Bank purchased a new stake in shares of Sharecare in the third quarter valued at approximately $41,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in shares of Sharecare in the fourth quarter valued at approximately $45,000. Institutional investors and hedge funds own 16.57% of the company’s stock.

Sharecare Company Profile (NASDAQ:SHCR)

Sharecare, Inc operates as a digital health company. Its virtual health platform is designed to help people, providers, employers, health plans, government organizations, and communities optimize individual and population-wide well-being by driving positive behavior change. The company was founded in 2010 and sis based in Atlanta, Georgia.

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