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Health In Tech Posts $7.1 Million Third-Quarter Net Loss

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Health In Tech (HIT) reported third-quarter 2026 revenue of $6.6 million, down from $8.5 million a year earlier. The company recorded a net loss of $7.1 million, or $0.11 per diluted share, compared with net income of $0.5 million, or $0.01 per diluted share, in the prior-year quarter.

For the first nine months of 2026, revenue was $23.4 million and net loss was $11.2 million. Health In Tech updated its full-year 2026 revenue outlook to approximately $30 million.

  • Distribution partners reached 984 as of September 30, up 15.9% year over year.
  • Contracted revenue totaled $32.7 million for the first nine months, including $24.4 million recognized as GAAP revenue before enrollment adjustment and refund liability.
  • Pipeline revenue was $156.4 million as of October 30, including $2.6 million contracted after quarter-end.
  • Cash and cash equivalents were $10.1 million at September 30.
  • The company launched its HitRix AI-powered broker marketplace in September and appointed Sanjay Shrestha as CEO effective October 20.

$HIT Insider Trading Activity

HIT Insider Trades

$HIT insiders have traded $HIT stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.

Here’s a breakdown of recent trading of $HIT stock by insiders over the last 6 months:

  • TIMOTHY HAYES has made 0 purchases and 3 sales selling 29,730 shares for an estimated $26,964.
  • ZAIN SYED HASAN (Chief Growth Officer) has made 0 purchases and 3 sales selling 16,667 shares for an estimated $13,716.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$HIT Hedge Fund Activity

We have seen 11 institutional investors add shares of $HIT stock to their portfolio, and 10 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

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