Accolade (ACCD)

Company Profile

Accolade, Inc. of Pennsylvania provides healthcare related information for self-insured companies. The Company assists employees and their families to make healthcare decisions through its health assistants. Accolade serves customers in the United States.

Company profile

Ticker

ACCD

Exchange

NASDAQ

Website

www.accolade.com

CEO

Rajeev Singh

Incorporated

Delaware

Location

Pennsylvania

Fiscal year end

Feb 28

Sector

Information > All Other Information Services

Industry (SIC)

Services - Business Services, NEC

Alibaba Group Holding • EBay • Visa • DiDi Global • Uber • PayPal • Accenture • Nielsen • Mastercard • Bread Financial ...

Former names

Accolade LLC

SEC CIK

0001481646

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Accolade Techologies s.r.o. • MD Insider, Inc. • Accolade 2ndMD LLC • 1stMD LLC • PlushCare, Inc. • PlushCare Technologies Canada, Inc. ...

IRS number

432117836

ACCD stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$13.33

Low target

$11.00

High target

$15.00

Latest filings (excl ownership)

View all

8-K

Accolade Announces Results for Fiscal Third Quarter 2023

9 Jan 23

6 Oct 22

Accolade Announces Results for Fiscal Second Quarter 2023

6 Oct 22

8-K

Submission of Matters to a Vote of Security Holders

27 Jul 22

8-K

Entry into a Material Definitive Agreement

1 Jul 22

Accolade Announces Results for Fiscal First Quarter 2023

24 Jun 22

Registration of securities for employees

3 Jun 22

Transcripts

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ACCD

Earnings call transcript

2023 Q2

7 Oct 22

ACCD

Earnings call transcript

2023 Q1

1 Jul 22

ACCD

Earnings call transcript

2022 Q4

29 Apr 22

ACCD

Earnings call transcript

2022 Q3

11 Jan 22

ACCD

Earnings call transcript

2022 Q2

8 Oct 21

ACCD

Earnings call transcript

2022 Q1

9 Jul 21

ACCD

Earnings call transcript

2021 Q4

9 May 21

ACCD

Earnings call transcript

2021 Q3

7 Jan 21

ACCD

Earnings call transcript

2021 Q2

14 Oct 20

ACCD

Earnings call transcript

2021 Q1

13 Aug 20

Latest ownership filings

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Financial summary

Financial statements Chart ACCD financial data

Quarter (USD)	Nov 22	Aug 22	May 22	Feb 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Feb 22	Feb 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	325.64 mm	325.64 mm	325.64 mm	325.64 mm	325.64 mm	325.64 mm
Cash burn (monthly)	1.67 mm	3.36 mm	13.46 mm	38.67 mm	1.56 mm	3.37 mm
Cash used (since last report)	3.83 mm	7.74 mm	30.98 mm	88.99 mm	3.60 mm	7.75 mm
Cash remaining	321.80 mm	317.90 mm	294.66 mm	236.64 mm	322.04 mm	317.88 mm
Runway (months of cash)	193.2	94.6	21.9	6.1	205.9	94.4

Beta Read what these cash burn values mean

Financial data from Accolade earnings reports.

Institutional ownership, Q3 2022

ACCD institutional ownership history Ownership history

81.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	148	156	-5.1%
Opened positions	17	35	-51.4%
Closed positions	25	37	-32.4%
Increased positions	56	63	-11.1%
Reduced positions	44	33	+33.3%

13F shares	Current	Prev Q	Change
Total value	632.20 mm	407.11 mm	+55.3%
Total shares	59.13 mm	59.60 mm	-0.8%
Total puts	300.70 k	180.00 k	+67.1%
Total calls	119.00 k	146.50 k	-18.8%
Total put/call ratio	2.5	1.2	+105.7%

Largest owners	Shares	Value	Change
JPM JPMorgan Chase & Co.	5.95 mm	$67.94 mm	-1.2%
Brown Advisory	5.94 mm	$67.86 mm	-1.4%
ARK Investment Management	5.92 mm	$67.59 mm	-5.3%
BLK Blackrock	4.84 mm	$55.30 mm	+4.7%
Vanguard	4.42 mm	$50.43 mm	+8.0%
Andreessen Horowitz Fund IV	3.78 mm	$0.00	0.0%
AH Equity Partners IV	3.78 mm	$43.16 mm	0.0%
BLVGF Bellevue	3.57 mm	$40.79 mm	-1.7%
Rock Springs Capital Management	2.27 mm	$25.97 mm	+3.4%
Millennium Management	1.70 mm	$19.45 mm	-20.0%

Largest transactions	Shares	Bought/sold	Change
STT State Street	0.00	-1.36 mm	EXIT
PFG Principal Financial Group Inc - Registered Shares	14.45 k	-562.83 k	-97.5%
Point72 Asset Management	557.94 k	+557.94 k	NEW
Citadel Advisors	542.61 k	+525.39 k	+3051.0%
Millennium Management	1.70 mm	-424.84 k	-20.0%
ARK Investment Management	5.92 mm	-331.91 k	-5.3%
Vanguard	4.42 mm	+328.43 k	+8.0%
Woodline Partners	298.77 k	+298.77 k	NEW
IVZ Invesco	333.78 k	+290.69 k	+674.6%
Fred Alger Management	438.89 k	+259.89 k	+145.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ACCD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
18 Jan 23	Singh Rajeev	Common Stock	Sell	Dispose S	No	No	9.9634	276	2.75 k	153,865
18 Jan 23	Cavanaugh Robert N	Common Stock	Sell	Dispose S	No	No	9.9634	176	1.75 k	144,796
18 Jan 23	Michael W Hilton	Common Stock	Sell	Dispose S	No	No	9.9634	99	986.38	129,735
18 Jan 23	Stephen H. Barnes	Common Stock	Sell	Dispose S	No	No	9.9634	138	1.37 k	123,237
17 Jan 23	Singh Rajeev	Common Stock	Option exercise	Acquire M	No	No	0	932	0.00	154,141
17 Jan 23	Singh Rajeev	RSU Common Stock	Option exercise	Dispose M	No	No	0	932	0.00	27,053
17 Jan 23	Cavanaugh Robert N	Common Stock	Option exercise	Acquire M	No	No	0	510	0.00	144,972
17 Jan 23	Cavanaugh Robert N	RSU Common Stock	Option exercise	Dispose M	No	No	0	510	0.00	14,790
17 Jan 23	Michael W Hilton	Common Stock	Option exercise	Acquire M	No	No	0	331	0.00	129,834
17 Jan 23	Michael W Hilton	RSU Common Stock	Option exercise	Dispose M	No	No	0	331	0.00	9,619