Huber Capital Management Hoarding Shares Of Iconix Brand Group Inc. (ICON) And Health Insurance Innovations Inc. (HIIQ)

Moving on to the other company, Health Insurance Innovations Inc. (NASDAQ:HIIQ) has seen its stock price drop by over 34% year-to-date. The company is a developer, distributor, and virtual administrator of affordable, cloud-based individual health insurance plans and ancillary products. Its products primarily focus on the large uninsured population in the United States. Health Insurance Innovations recently posted its financial results for the second quarter, reporting revenue of $22.7 million, which was up by 8.6% year-over-year. Meanwhile, the company delivered a net loss of $0.04 per diluted share for the quarter, compared to net income of $0.05 reported a year ago. It seems that the management of Health Insurance Innovations Inc. (NASDAQ:HIIQ) is very enthusiastic about the upcoming year and plans to exploit opportunities outside its core business. Specifically, the company intends to make the most of its brokerage distribution channel, its agilehealthinsurance.com website, used for researching, comparing, and purchasing short-term health insurance products, and also leverage the company’s technology solutions to meet the needs of its growing consumer base. Finally, Health Insurance Innovations anticipates $97 million to $103 million in revenues for the year, while the adjusted earnings per share are expected to be in the range of $0.18 to $0.25. Jacob Gottlieb’s Visium Asset Management is among the largest shareholders of Health Insurance Innovations within our database, owning 495,000 shares as of June 30.

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