This trade activity should not be overlooked: FOXO Technologies Inc. (FOXO)

FOXO Technologies Inc. (AMEX: FOXO) stock fell -7.22% on Thursday to $0.32 against a previous-day closing price of $0.34. With 0.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.22 million shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $0.3650 whereas the lowest price it dropped to was $0.3150. 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.

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 3.16%, but this was down by -25.56% over a month. Three-month performance dropped to -43.45% while six-month performance fell -55.54%. The stock lost -96.79% in the past year, while it has lost -15.54% so far this year.

Float and Shares Shorts:

At present, 27.42 million FOXO shares are outstanding with a float of 16.14 million shares on hand for trading. On May 14, 2023, short shares totaled 0.11 million, which was 0.41% higher than short shares on Apr 13, 2023. In addition to Mr. Tyler Danielson as the firm’s CTO & Interim CEO, Mr. Robert M. Potashnick serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 21.67% of FOXO’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 2.04% of FOXO, in contrast to 1.15% held by mutual funds. Shares owned by individuals account for 0.51%. As the largest shareholder in FOXO with 0.64% of the stake, Cantor Fitzgerald & Co. holds 190,476 shares worth 190,476. A second-largest stockholder of FOXO, Geode Capital Management LLC, holds 187,261 shares, controlling over 0.63% of the firm’s shares. Corbin Capital Partners LP is the third largest shareholder in FOXO, holding 183,203 shares or 0.62% stake. With a 0.52% stake in FOXO, the Vanguard Extended Market Index Fu is the largest stakeholder. A total of 154,146 shares are owned by the mutual fund manager. The Fidelity Extended Market Index Fu, which owns about 0.41% of FOXO stock, is the second-largest Mutual Fund holder. It holds 122,223 shares valued at 48889.0. Fidelity Total Market Index Fund holds 0.16% of the stake in FOXO, owning 47,700 shares worth 19080.0.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, FOXO reported revenue of $39.00k and operating income of -$5.93M. The EBITDA in the recently reported quarter was -$22.97M and diluted EPS was -$0.37.

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.