By Stephen Nakrosis
Shares of eHealth were trading higher on the Nasdaq Friday afternoon, after the private online health insurance marketplace reported insider purchases of its stock.
At 2:08 p.m. EDT, the company’s stock had risen 22.27% to trade at $8.43 per share.
In filings with the Securities and Exchange Commission, eHealth said Vice President Gavin Galimi recently purchased 5,500 shares at an average price of $6.52 per share.
The company also said Director Dale Wolf recently bought 12,932 shares at an average price of $6.40 each.
EHealth has a market cap of $190.36 million, 27.71 million shares outstanding and a public float of 23.31 million shares.
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