Ramin Sayar Buys Shares in PHR
PHR insider Ramin Sayar purchased 19,290 shares at $9.59 each.
Key Points
- Ramin Sayar, an insider at PHR, bought 19,290 shares on June 24, 2026, at $9.59 per share, totaling $184,991.1.
- PHR shares traded near $9.13 on Saturday with various institutional activities including new positions by Pale Fire Capital SE and Vanguard Portfolio Management LLC.
- Analysts from firms like Truist Securities and Citigroup have maintained hold ratings with price targets around $12.0 to $16.0.
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Ramin Sayar, an insider at PHR, recently purchased 19,290 shares of the company. The transaction took place on June 24, 2026, at an average price of $9.59 per share, amounting to a total value of $184,991.1. This insider buying was not conducted under a pre-planned trading program.
Other Institutional Activity in PHR
Several institutional investors have been active in PHR recently. Pale Fire Capital SE opened a new position with 8,649,329 shares valued at approximately $72.5 million. BlackRock, Inc. increased its holdings by 284,445 shares, reaching a total of 5,920,469 shares worth about $49.6 million, a 5.0% increase. Similarly, AQR Capital Management LLC significantly boosted its position by 1,415,465 shares, ending with 1,852,559 shares valued at $15.5 million, marking a 323.8% increase.
Phreesia, Inc. Stock Down 24.9%
On Saturday, PHR shares were trading around $9.13. While detailed financial metrics such as market cap and P/E ratio aren't provided, the stock's recent price movements suggest active trading interest. Institutional activities indicate ongoing interest and adjustments in shareholdings.
$PHR stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Phreesia, Inc.
Besides Ramin Sayar, other insiders also made transactions around the same time. On June 24, 2026, Lainie Goldstein, Mark Douglas Smith, Lisa Egbuonu-Davis, and Gillian Munson each bought 19,290 shares at $9.59 per share. Notably, Lisa Egbuonu-Davis also executed a planned sale of 2,546 shares at $9.53 on June 25, 2026.
Analysts Set New Price Targets
Analysts have been updating their ratings and price targets for PHR. On May 29, 2026, Truist Securities maintained a hold rating with a $12.0 price target. Citigroup, on May 28, 2026, also maintained a hold rating with the same target. Canaccord Genuity and DA Davidson kept their buy ratings with targets of $16.0 and $14.0, respectively. Conversely, Wells Fargo downgraded the stock to hold with a $9.0 target on May 20, 2026.
Bottom Line
Insider buying activity, such as that by Ramin Sayar, often draws investor attention as it might signal confidence in the company's prospects. However, it's important to note that these transactions don't necessarily predict future performance. Institutional movements and analyst ratings provide additional context but are backward-looking and should be considered as part of a broader investment strategy.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.