EVH

Evolent Health, Inc.
NYSEUSDEQUITY Healthcare DELAYED
Last price
3.84
▲ 0.23 (6.37%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
3.61
Prev close
3.61
Day high
3.87
Day low
3.63
Volume
1.59M
Market cap
$434.15M
P/E (TTM)
—
52W range
2.10 – 8.46

Day trading desk

Current session · delayed
Gap from prior close
+0.00%
Prior close 3.61
VWAP
3.80
+0.99% from price
Relative volume
1.23×
Normal
Session range
7.20%
3.61 – 3.87
Position in range
88%
Near session high
ATR (14D)
0.19
4.95% of price
Prior day high
3.64
PDH
Prior day low
3.44
PDL
Bid / ask spread
—
Quote not published
Session volume
3.67M
Avg 2.97M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+9.09% +7.1%
1M
-11.11% -12.3%
3M
-31.43% -35.9%
6M
+51.18% +33.0%
YTD
-4.00% -18.2%
1Y
-53.34% -69.8%
3Y
-85.90% -168.1%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on EVH open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+1.12M
Net buying
Buy transactions
13
1.19M shares
Sell transactions
1
65.89K shares
Net transactions
+14
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
3.51M
Total on file
Bought 1.19MSold 65.89K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 26, 26
MCCARTHY DANIEL JOSEPH
President
SELL 65.89K $329.46K Direct
Jul 1, 26
BLACKLEY SETH
Chief Executive Officer
STOCK 446.10K $0 Direct
Jul 1, 26
WEINBERG JONATHAN D.
General Counsel
STOCK 43.05K $0 Direct
Jul 1, 26
SHAMS AAMMAAD
Officer
STOCK 28.79K $0 Direct
Jul 1, 26
MCCARTHY DANIEL JOSEPH
President
STOCK 302.58K $0 Direct
Jun 4, 26
GRUA PETER J
Director
STOCK 41.10K $0 Direct
Jun 4, 26
GUERTIN SHAWN M
Director
STOCK 41.10K $0 Direct
Jun 4, 26
JELINEK RICHARD M
Director
STOCK 41.10K $0 Direct
Jun 4, 26
BARBAROSH CRAIG A
Director
STOCK 41.10K $0 Direct
Jun 4, 26
SPRINGSTUBB BRENDAN B.
Director
STOCK 41.10K $0 Direct
Jun 4, 26
KECK KIM
Director
STOCK 41.10K $0 Direct
Jun 4, 26
SMITH JILL D
Director
STOCK 41.10K $0 Direct
Jun 4, 26
AJAYI TOYIN
Director
STOCK 41.10K $0 Direct
Jun 4, 26
GLASS RUSSELL MONROE
Director
STOCK 41.10K $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BLACKLEY SETH
Chief Executive Officer 1.27M Stock Award(Grant)
GRUA PETER J
Director 123.74K Stock Award(Grant)
JELINEK RICHARD M
Director 107.53K Stock Award(Grant)
JOHNSON JOHN PAUL
Chief Financial Officer 309.25K Stock Award(Grant)
KECK KIM
Director 102.60K Stock Award(Grant)
MCCARTHY DANIEL JOSEPH
President 655.13K Sale
RAFFERTY EMILY ANN
Chief Operating Officer 130.13K Stock Award(Grant)
RAMOS MARIO
Chief Financial Officer 587.50K Stock Award(Grant)
SPRINGSTUBB BRENDAN B.
Director 99.92K Stock Award(Grant)
WEINBERG JONATHAN D.
General Counsel 284.92K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$434.15M
Enterprise value$1.29B
Revenue (TTM)$2.10B
Gross profit$361.64M
EBITDA$61.04M
Net income$-511.06M
EPS (TTM)$-4.78
Free cash flow$184.30M
Total cash$115.70M
Total debt$970.43M
Book value / share$3.40
Shares outstanding113.06M
Float94.21M
Short % of float12.58%
Dividend yield0.00%
Beta (5Y)1.02

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E9.51
PEG ratio1.93
Price / sales—
Price / book1.13
EV / revenue0.62
EV / EBITDA21.12
Gross margin17.24%
Operating margin-1.34%
Profit margin-24.08%
Return on equity-66.97%
Return on assets-0.79%
Debt / equity253.23
Current ratio1.24
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $1.88B$2.55B$1.96B$1.35B -26.6%
Operating revenue $1.88B$2.55B$1.96B$1.35B -26.6%
Cost of revenue $1.48B$2.19B$1.50B$1.04B -32.5%
Gross profit $399.88M$367.35M$460.47M$316.58M +8.9%
Selling, general & admin $303.87M$263.05M$358.11M$269.27M +15.5%
Total operating expense $419.72M$381.42M$481.52M$336.46M +10.0%
Operating income -$19.83M-$14.07M-$21.05M-$19.88M -41.0%
Net interest income -$53.28M-$19.18M-$48.95M-$14.20M -177.8%
Pre-tax income -$534.64M-$63.04M-$202.41M-$62.08M -748.1%
Tax provision -$126.00K-$1.41M-$89.36M-$43.38M +91.1%
Net income -$534.51M-$61.62M-$113.04M-$19.16M -767.4%
Net income to common -$579.40M-$93.45M-$142.26M-$19.16M -520.0%
Basic EPS -5.07-0.81-1.28-0.20 -525.9%
Diluted EPS -5.07-0.81-1.28-0.20 -525.9%
EBIT -$477.17M-$38.31M-$148.20M-$46.51M -1,145.4%
EBITDA -$361.31M$80.06M-$24.79M$20.69M -551.3%
Basic shares 114.21M114.68M111.25M93.70M -0.4%
Diluted shares 114.21M114.68M111.25M93.70M -0.4%

Options analytics

Account required
Put / call volume
0.09
Call-heavy session
Put / call open interest
0.08
Positioning, not flow
Max pain
2.50
-34.9% from spot
ATM implied vol
129.7%
Nearest strike to spot
Skew (10% OTM)
+42.2%
Puts bid over calls
Call volume
68
Contracts, this expiry
Put volume
6
Contracts, this expiry
Heaviest call OI
2.50
580 contracts
Heaviest put OI
2.50
50 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 -0.020.02 +229.9%
Mar 2026 -0.05-0.02 +57.2%
Dec 2025 0.050.08 +62.7%
Sep 2025 0.100.05 -51.2%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.06 9 $727.05M +51.6%
Next quarter 0.15 8 $759.43M +62.0%
Current year 0.20 9 $2.64B +40.5%
Next year 0.40 9 $3.30B +25.1%

Analyst targets & ownership

Account required
Mean target$5.75
High target$8.00
Low target$3.00
Implied upside49.74%
Analyst count12
ConsensusBUY
Strong buy / Buy4 / 7
Hold3
Sell / Strong sell0 / 0
Held by insiders3.10%
Held by institutions101.35%
Institutions holding270
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
3.57
+7.53% from price
SMA 20
3.73
+2.88% from price
SMA 50
3.98
-3.47% from price
SMA 100
4.39
-12.61% from price
SMA 200
3.83
+0.27% from price
EMA 12
3.65
+5.16% from price
EMA 26
3.83
+0.30% from price
EMA 50
4.03
-4.74% from price
RSI (14)
50.0
Neutral
MACD (12,26,9)
-0.18
Hist 0.02
ATR (14)
0.19
4.95% of price
Realised vol 30D
51.3%
Annualised
Bollinger upper
4.21
20, 2σ
Bollinger lower
3.26
20, 2σ
50 / 200 cross
Golden
3.98 vs 3.83
Trend bias
Above 200
+0.27%

Options chain

Account required
Expiry
Spot 3.84
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
1.00
Less volatile than market
Correlation to SPY
0.16
Largely independent
Realised vol 30D
51.3%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-73.7%
Peak to trough
Max drawdown 5Y
-94.5%
Peak to trough
ATR 14
0.19
4.95% of price
Beta (reported)
1.02
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
14.07M
Prior 15.77M
Change vs prior
-10.8%
Shorts covering
% of float
12.58%
Elevated
% of shares out
12.44%
Against total outstanding
Days to cover
5.5
Crowded exit
Float
94.21M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

153 on file
DateFirm ActionFromTo
Aug 18, 26 JP Morgan MAINTAINED Overweight Overweight
Aug 17, 26 TD Cowen MAINTAINED Buy Buy
Aug 12, 26 Truist Securities MAINTAINED Hold Hold
Aug 11, 26 Citigroup UPGRADE Neutral Buy
Aug 10, 26 Canaccord Genuity MAINTAINED Buy Buy
Jul 28, 26 TD Cowen MAINTAINED Buy Buy
Jul 23, 26 Citigroup DOWNGRADE Buy Neutral
Jul 21, 26 Canaccord Genuity MAINTAINED Buy Buy
Jun 30, 26 Truist Securities DOWNGRADE Buy Hold
Jun 12, 26 Truist Securities MAINTAINED Buy Buy
May 15, 26 Citigroup MAINTAINED Buy Buy
May 12, 26 Canaccord Genuity MAINTAINED Buy Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.