DocGo Inc. (NASDAQ:DCGO - Get Free Report) General Counsel Ely D. Tendler sold 23,088 shares of the firm's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $4.44, for a total value of $102,510.72. Following the sale, the general counsel now directly owns 175,645 shares in the company, valued at approximately $779,863.80. This trade represents a 11.62 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
DocGo Stock Up 4.7 %
Shares of NASDAQ:DCGO opened at $4.49 on Tuesday. The business has a fifty day simple moving average of $3.83 and a 200 day simple moving average of $3.50. DocGo Inc. has a 12-month low of $2.75 and a 12-month high of $5.70. The firm has a market cap of $458.21 million, a P/E ratio of 16.04, a P/E/G ratio of 3.81 and a beta of 0.98.
Analyst Ratings Changes
Separately, Cantor Fitzgerald reissued an "overweight" rating and set a $5.00 price target on shares of DocGo in a research note on Friday, September 20th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $6.10.
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Hedge Funds Weigh In On DocGo
A number of hedge funds and other institutional investors have recently made changes to their positions in DCGO. Isthmus Partners LLC boosted its stake in shares of DocGo by 32.4% in the 2nd quarter. Isthmus Partners LLC now owns 799,296 shares of the company's stock valued at $25,000 after purchasing an additional 195,428 shares during the last quarter. nVerses Capital LLC grew its holdings in DocGo by 151.5% during the 2nd quarter. nVerses Capital LLC now owns 8,300 shares of the company's stock worth $26,000 after acquiring an additional 5,000 shares during the period. Nisa Investment Advisors LLC grew its holdings in DocGo by 693.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 12,089 shares of the company's stock worth $37,000 after acquiring an additional 10,565 shares during the period. Centiva Capital LP acquired a new position in shares of DocGo in the 3rd quarter valued at about $43,000. Finally, SG Americas Securities LLC acquired a new stake in DocGo during the second quarter worth approximately $60,000. 56.44% of the stock is owned by institutional investors and hedge funds.
About DocGo
(
Get Free Report)
DocGo Inc provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. The company's transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services.
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