20 Stocks Insiders Were Buying In Q1 2025

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8. Evolent Health, Inc. (NYSE:EVH)

Market Cap: $1.12 billion

Number of insiders buying: 9

The eighth stock among the 20 that insiders were buying the most in the first quarter of the year is Evolent Health, a provider of healthcare plans and benefits management services. Through its subsidiary Evolent Health LLC, it offers specialty care management services in oncology, cardiology, and musculoskeletal markets, focusing on improving patient outcomes and reducing costs. Its integrated platform supports health plan administration and value-based business infrastructure, offering services such as pharmacy benefits management, risk management, analytics, and leadership support. Additionally, Evolent provides Identifi, a proprietary technology system that aggregates data, manages care workflows, and engages patients, as well as Machinify Auth, a software platform utilizing artificial intelligence to optimize care processes. The company is based in Arlington, Virginia,

For the full year 2024, the company reported revenue of $2.55 billion, 30.1% up from $1.96 billion in 2023. The net loss for the year was $93.45 million, an improvement from the $142.26 million loss in 2023. Looking ahead to 2025, Evolent expects revenue between $2.06 billion and $2.11 billion, reflecting an annual growth rate of 15%-18%, excluding the impact of one-time contract changes in three Performance Suite contracts. The company also anticipates adjusted EBITDA in the range of $135 million to $165 million.

In March, nine insiders, including the company’s CEO, purchased a total of around $1.35 million worth of Evolent Health shares at an average price of $9.10 per share. Currently, the stock trades at $9.53 per share, having declined 15.29% year-to-date and 70.15% over the past 12 months.

Fourteen analysts rate Evolent Health stock as “Buy,” according to MarketBeat. The average price target of $17.71 suggests an upside of 85.88% from the latest price.

Evolent Health is also one of the 12 stocks that are about to explode.

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