Thrive Capital's $14.4M Bet Sends Oscar Health Shares Soaring Over 20%

GuruFocus.com11-15

Thrive Capital just made a splash. Over three daysNovember 11, 12, and 13Joshua Kushner's investment firm scooped up a hefty $14.4 million worth of Oscar Health (NYSE:OSCR) shares. The purchase price?...

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The purchase price?...</p>\n\n<a href=\"https://finance.yahoo.com/news/thrive-capitals-14-4m-bet-161409199.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Thrive Capital's $14.4M Bet Sends Oscar Health Shares Soaring Over 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThrive Capital's $14.4M Bet Sends Oscar Health Shares Soaring Over 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 00:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/thrive-capitals-14-4m-bet-161409199.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thrive Capital just made a splash. Over three daysNovember 11, 12, and 13Joshua Kushner's investment firm scooped up a hefty $14.4 million worth of Oscar Health (NYSE:OSCR) shares. The purchase price?...</p>\n\n<a href=\"https://finance.yahoo.com/news/thrive-capitals-14-4m-bet-161409199.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OSCR","symbol_name":"Oscar Health, Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/thrive-capitals-14-4m-bet-161409199.html","article_id":"2483389170","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/NGdmMUmON.KE3iWVPLBqdA--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/f983521fd867e4fb53152027ed70eaec"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483389170","pubTimestamp":1731600849,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Thrive Capital just made a splash. Over three daysNovember 11, 12, and 13Joshua Kushner's investment firm scooped up a hefty $14.4 million worth of Oscar Health  shares. The purchase price?Between $13.57 and $13.73 per share, driving today's share price by over 20%. But this wasn't a random buyit was Kushner himself, Oscar's co-founder and Vice Chairman, leading the charge through Thrive's investment arms. Translation?He's putting serious skin in the game, signaling rock-solid confidence in the health-tech innovator he helped create.The timing couldn't be better. Oscar Health just dropped eye-popping Q3 numbers: revenue up 68% year-over-year, hitting $2.4 billion, and membership climbing to 1.65 million. Cost efficiency?Nailed it, with SG&A expenses improving by 360 basis points. Add a $312 million year-to-date adjusted EBITDA and net income profitability to the mix, and you've got a growth story worth watching. Looking ahead, Oscar raised its 2024 revenue guidance to $9.2$9.3 billion,","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"OSCR":"Oscar Health, Inc.","BK4551":"寇图资本持仓","BK4162":"人寿与健康保险","THAC":"Thrive Acquisition Corp"},"translate_title":"Thrive Capital 1440万美元的押注导致Oscar Health股价飙升20%以上","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OSCR":1,"THAC":1},"content_text":"Thrive Capital just made a splash. Over three daysNovember 11, 12, and 13Joshua Kushner's investment firm scooped up a hefty $14.4 million worth of Oscar Health (NYSE:OSCR) shares. The purchase price? Between $13.57 and $13.73 per share, driving today's share price by over 20%. But this wasn't a random buyit was Kushner himself, Oscar's co-founder and Vice Chairman, leading the charge through Thrive's investment arms. Translation? He's putting serious skin in the game, signaling rock-solid confidence in the health-tech innovator he helped create.\n\nThe timing couldn't be better. Oscar Health just dropped eye-popping Q3 numbers: revenue up 68% year-over-year, hitting $2.4 billion, and membership climbing to 1.65 million. Cost efficiency? Nailed it, with SG&A expenses improving by 360 basis points. Add a $312 million year-to-date adjusted EBITDA and net income profitability to the mix, and you've got a growth story worth watching. Looking ahead, Oscar raised its 2024 revenue guidance to $9.2$9.3 billion, targeting a 20% CAGR and a 5% operating margin by 2027. Toss in a return to California and a shiny new tech-first HMO product, and it's clear Oscar isn't playing defenseit's charging forward.\nFor investors, here's the takeaway: Thrive's big buy aligns with Oscar's breakout performance, reinforcing a narrative of innovation, execution, and momentum. This isn't just a vote of confidence; it's a front-row seat to what could be Oscar's most transformative chapter yet. Keep an eye on their Q4 earningsthis growth train is just leaving the station.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483389170"}