Insider Selling: Bryan Charles Spielman Sells 3,905 Shares of Medidata Solutions Stock (MDSO)
Medidata Solutions (NASDAQ:MDSO) EVP Bryan Charles Spielman sold 3,905 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $99.47, for a total value of $388,430.35. Following the completion of the sale, the executive vice president now directly owns 19,171 shares in the company. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Credit Suisse raised their price target on shares of Medidata Solutions (NASDAQ:MDSO) from $94.00 to $108.00 in a research note to investors on Friday, September 13th. Separately, analysts at Raymond James raised their price target on shares of Medidata Solutions (NASDAQ:MDSO) from $50.00 to $58.00 in a research note to investors on Thursday, August 22nd. Finally, analysts at Jefferies Group raised their price target on shares of Medidata Solutions (NASDAQ:MDSO) from $75.00 to $105.00 in a research note to investors on Friday, July 26th. They now have a “buy” rating on the stock.
One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Medidata Solutions currently has an average rating of “Buy” and a consensus target price of $83.35.
Medidata Solutions (NASDAQ:MDSO) opened at 98.73 on Thursday. Medidata Solutions has a 52 week low of $31.30 and a 52 week high of $101.00. The stock’s 50-day moving average is $90.36 and its 200-day moving average is $72.44. The company has a market cap of $2.535 billion and a price-to-earnings ratio of 119.24.
Medidata Solutions (NASDAQ:MDSO) last released its earnings data on Thursday, July 25th. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.08. The company had revenue of $68.07 million for the quarter, compared to the consensus estimate of $66.71 million. During the same quarter last year, the company posted $0.23 earnings per share. Medidata Solutions’s revenue was up 27.2% compared to the same quarter last year. On average, analysts predict that Medidata Solutions will post $1.37 earnings per share for the current fiscal year.
Medidata Solutions, Inc (NASDAQ:MDSO) is a global provider of software-as-a-service (SaaS), clinical technology solutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.