Phreesia president David Linetsky buys $682 in company stock

David Linetsky, President of Network Solutions at Phreesia, Inc. (NASDAQ:PHR), acquired common stock in the company totaling $682. The transactions occurred on October 22, 2026. The insider purchase comes as Phreesia shares have shown strong momentum, with the stock posting a 4.65% gain over the past week and trading at $12.61, according to InvestingPro data.

Mr. Linetsky purchased shares indirectly, with prices ranging from $9.15 to $10.35 per share. Following these transactions, the beneficial ownership of Phreesia common stock held indirectly by Mr. Linetsky’s spouse stands at 22,197 shares. InvestingPro analysis suggests the stock is currently undervalued, with a Fair Value of $16.93 compared to its current price—placing it among most undervalued stocks tracked by the platform.

In other recent news, Phreesia Inc. reported its second-quarter fiscal 2027 results, showcasing an adjusted EBITDA of $32.9 million, surpassing the consensus estimate of $30.7 million. The company’s total revenue reached $129.5 million, slightly above the expected $129.1 million. Following these results, Wells Fargo raised its price target for Phreesia to $10.00 from $9.00, maintaining an Equal Weight rating, citing the company’s revenue and adjusted EBITDA margins aligning with expectations. Meanwhile, Raymond James downgraded Phreesia to Market Perform from Outperform due to concerns about slowing organic revenue growth, which is projected to decline to negative 0.5% in the second half of the fiscal year.

DA Davidson adjusted its financial model for Phreesia, lowering the price target to $13.00 from $14.00 but maintaining a Buy rating, with changes reflecting moderated subscription revenue assumptions. Citizens reiterated a Market Perform rating, noting mixed results, with a positive outlook on the potential success of selling AccessOne to smaller providers. These developments present a mixed picture for Phreesia, with analysts offering varied perspectives on the company’s financial trajectory.