An analyst sees good growth prospects for FOXO Technologies Inc. (FOXO)

FOXO Technologies Inc. (AMEX: FOXO) stock fell -13.76% on Monday to $0.43 against a previous-day closing price of $0.50. With 0.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $0.4732 whereas the lowest price it dropped to was $0.4201. The 52-week range on FOXO shows that it touched its highest point at $11.00 and its lowest point at $0.23 during that stretch.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FOXO was up-trending over the past week, with a rise of 8.07%, but this was up by 43.59% over a month. Three-month performance dropped to -50.44% while six-month performance fell -95.71%. The stock lost -95.64% in the past year, while it has gained 13.77% so far this year.

Float and Shares Shorts:

At present, 31.19 million FOXO shares are outstanding with a float of 24.96 million shares on hand for trading. On Oct 13, 2022, short shares totaled 0.18 million, which was 0.56% higher than short shares on. In addition to Mr. Jon R. Sabes as the firm’s Founder, CEO & Director, Mr. Robert M. Potashnick serves as its Chief Financial Officer.


Institutional Ownership:

Through their ownership of 28.62% of FOXO’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 13.12% of FOXO, in contrast to 0.73% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in FOXO with 8.83% of the stake, Meteora Capital LLC holds 2,753,728 shares worth 2,753,728. A second-largest stockholder of FOXO, Cinctive Capital Management LP, holds 992,799 shares, controlling over 3.18% of the firm’s shares. Lumyna Investments Ltd. is the third largest shareholder in FOXO, holding 227,741 shares or 0.73% stake. With a 0.36% stake in FOXO, the Lumyna – MW TOPS UCITS Fund is the largest stakeholder. A total of 111,411 shares are owned by the mutual fund manager. The Lumyna – MW Systematic Alpha UCIT, which owns about 0.21% of FOXO stock, is the second-largest Mutual Fund holder. It holds 66,859 shares valued at 25340.0. TOPS Market Neutral UCITS FUND holds 0.16% of the stake in FOXO, owning 49,471 shares worth 18750.0.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FOXO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded FOXO stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 15 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 9,665,441 while 0 shares were sold.

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