Co-founder Joshua Kushner buys 188,395 shares in 2 transactions at $16.97–$16.86, spending $3.2M as stock trades 31.4% below 52-week high.
Joshua Kushner, Co-Founder and Vice Chairman, purchased 188,395 shares across two separate transactions on 2024-11-20 and 2024-11-21 at a blended average price of $16.91, for a total outlay of $3,185,680.73. This purchase increased his holdings from 6,155,222 shares to 6,343,617 shares, a net addition of 3.1% to his pre-transaction position. The timing is notable: Oscar Health's stock is currently trading at $15.98, representing a -31.4% drawdown from its 52-week high of $23.28, and the company is unprofitable with net income of $-54,596,000.00 over its most recent full fiscal year, despite strong revenue growth of 47.9%. Over the preceding week (2024-11-11 through 2024-11-14), Kushner had already executed five separate buy transactions at this ticker, establishing a concentrated pattern of accumulation during a period of stock weakness. His cross-ticker open-market track record shows 5 prior buys, and none of his same-ticker purchases yet have measurable 90-day outcomes, leaving his historical execution accuracy at Oscar Health unestablished.