Why Did OSCR Shares Rally In Extended Trading Hours Today?

• Bertolini, who also serves as a director, has led Oscar Health since 2023.
• The CEO bought shares cumulatively worth $11.9 million.
• According to data from Koyfin, the 12-month average price target on OSCR stock is $15.40.

Shares of Oscar Health Inc. (OSCR) jumped 7% after hours on Tuesday after its CEO purchased nearly a million shares of the company.

According to a filing with the Securities and Exchange Commission, CEO Bertolini Mark T purchased the shares at a per share price of $11.92 earlier this month, for a total purchase value of $11.9 million in a private placement transaction.

Bertolini, who also serves as a director, has led Oscar Health since 2023. The company, which went public in 2021, provides individual and small-group health insurance plans, primarily through the Affordable Care Act marketplaces.

Oscar Health Financials

For the year ended December, Oscar reported total revenue of $11.7 billion and diluted loss per share of $1.69 as medical loss ratio came in at 87.4%.  

For 2026, the company expects total revenue of $18.7 billion to $19.0 billion and medical loss ratio of 82.4% to 83.4%.

According to data from Koyfin, of the 10 analysts covering OSCR stock, two rate it ‘Strong Buy,’ while five rate it ‘Hold’ and three rate it ‘Sell’ or ‘Strong Sell.’ The 12-month average price target on the stock is $15.40, representing a potential upside of about 19% from last close.

How Did Retail Traders React?

On Stocktwits, retail sentiment around OSCR shares stayed within the ‘bullish’ territory over the past 24 hours, while message volume remained at ‘high’ levels.

A Stocktwits user said that the CEO’s share purchase implies not just confidence but conviction. “When leadership finally puts real money on the line, markets tend to pay attention,” they said.

Another user expressed optimism for the stock rising up to $30.

OSCR stock has gained 3% over the past 12 months. 

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