Aspire Biopharma faces potential Nasdaq delisting after compliance shortfall
Yvonne Hui, Principal Accounting Officer at Phreesia, Inc. (NASDAQ:PHR), sold 302 shares of common stock on October 15, 2025, for approximately $6,960. The shares were sold at a weighted average price of $23.048, with individual sales prices ranging from $22.84 to $23.265. The healthcare software company, currently valued at $1.34 billion, has shown strong revenue growth of 15% over the last twelve months. According to InvestingPro analysis, the stock appears to be trading below its Fair Value.
Following the transaction, Hui directly owns 30,336 shares of Phreesia, Inc. While the company isn’t currently profitable, InvestingPro data shows strong fundamentals with a healthy current ratio of 2.12 and analysts expecting profitability this year. The sale was executed to cover tax withholding obligations related to the settlement of restricted stock units, according to a footnote in the SEC filing.
In other recent news, Phreesia Inc. has made headlines with its acquisition of AccessOne for $160 million, the largest in the company’s history. This strategic move is projected to add approximately $35 million in annual revenue and $11 million in EBITDA, with the deal expected to close in the second half of fiscal year 2026. Analysts have responded to these developments with various price target adjustments. Truist Securities raised its price target to $36, reflecting improved EBITDA projections for fiscal years 2026 and 2027, while maintaining a Sell rating. Similarly, Citizens JMP increased its price target to $34, maintaining a Market Outperform rating. Raymond James also raised its price target to $33, highlighting the significance of the AccessOne acquisition. Additionally, DA Davidson assumed coverage of Phreesia with a Buy rating and a price target of $33, noting the company’s revenue and adjusted EBITDA results exceeded expectations. These updates underscore the dynamic shifts within Phreesia as it navigates its recent acquisition and financial projections.
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