Phreesia Ownership

PHR Stock  USD 19.87  0.87  4.58%   
Phreesia owns a total of 57.77 Million outstanding shares. The majority of Phreesia outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Phreesia to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Phreesia. Please pay attention to any change in the institutional holdings of Phreesia as this could imply that something significant has changed or is about to change at the company. Also note that almost one million four hundred seventy-three thousand two hundred nineteen invesors are currently shorting Phreesia expressing very little confidence in its future performance.
 
Shares in Circulation  
First Issued
2018-06-30
Previous Quarter
56.7 M
Current Value
57.5 M
Avarage Shares Outstanding
43.2 M
Quarterly Volatility
12.5 M
 
Covid
Some institutional investors establish a significant position in stocks such as Phreesia in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Phreesia, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
As of 11/22/2024, Dividends Paid is likely to drop to about 8.3 M. In addition to that, Dividend Yield is likely to drop to 0.02. As of 11/22/2024, Common Stock Shares Outstanding is likely to drop to about 34.6 M. In addition to that, Net Loss is likely to grow to about (150.6 M).
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phreesia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Phreesia Stock, please use our How to Invest in Phreesia guide.

Phreesia Stock Ownership Analysis

About 98.0% of the company shares are owned by institutional investors. The book value of Phreesia was at this time reported as 4.36. The company recorded a loss per share of 1.78. Phreesia had not issued any dividends in recent years. Phreesia, Inc. provides an integrated SaaS-based software and payment platform for the healthcare industry in the United States and Canada. The company was incorporated in 2005 and is headquartered in Raleigh, North Carolina. Phreesia operates under Health Information Services classification in the United States and is traded on New York Stock Exchange. It employs 1701 people. To find out more about Phreesia contact Chaim Indig at 888 654 7473 or learn more at https://www.phreesia.com.
Besides selling stocks to institutional investors, Phreesia also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Phreesia's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Phreesia's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Phreesia Quarterly Liabilities And Stockholders Equity

362.24 Million

Phreesia Insider Trades History

About 5.0% of Phreesia are currently held by insiders. Unlike Phreesia's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Phreesia's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Phreesia's insider trades
 
Covid

Phreesia Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Phreesia is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Phreesia backward and forwards among themselves. Phreesia's institutional investor refers to the entity that pools money to purchase Phreesia's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
State Street Corp2024-06-30
1.2 M
Geode Capital Management, Llc2024-06-30
1.2 M
Granahan Investment Management Inc..2024-06-30
1.2 M
Gw&k Investment Management, Llc2024-09-30
1.2 M
Timessquare Capital Management, Llc2024-09-30
868.4 K
Riverbridge Partners Llc2024-09-30
753.2 K
Blair William & Co2024-06-30
725.5 K
Northern Trust Corp2024-09-30
536.4 K
Morgan Stanley - Brokerage Accounts2024-06-30
479.9 K
Fmr Inc2024-09-30
6.7 M
Brown Advisory Holdings Inc2024-09-30
5.7 M
Note, although Phreesia's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Phreesia Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Phreesia insiders, such as employees or executives, is commonly permitted as long as it does not rely on Phreesia's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Phreesia insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Phreesia Outstanding Bonds

Phreesia issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Phreesia uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Phreesia bonds can be classified according to their maturity, which is the date when Phreesia has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Phreesia Corporate Filings

13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
1st of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
5th of September 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
4th of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Pair Trading with Phreesia

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Phreesia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Phreesia will appreciate offsetting losses from the drop in the long position's value.

Moving together with Phreesia Stock

  0.84CI Cigna CorpPairCorr
  0.62DH Definitive HealthcarePairCorr

Moving against Phreesia Stock

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  0.75ECOR Electrocore LLC Upward RallyPairCorr
  0.66MD Mednax IncPairCorr
  0.55VREX Varex Imaging CorpPairCorr
  0.5DOCS DoximityPairCorr
The ability to find closely correlated positions to Phreesia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Phreesia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Phreesia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Phreesia to buy it.
The correlation of Phreesia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Phreesia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Phreesia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Phreesia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Phreesia Stock Analysis

When running Phreesia's price analysis, check to measure Phreesia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phreesia is operating at the current time. Most of Phreesia's value examination focuses on studying past and present price action to predict the probability of Phreesia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phreesia's price. Additionally, you may evaluate how the addition of Phreesia to your portfolios can decrease your overall portfolio volatility.