Express Scripts Holding Director Unloads $550,800 in Stock (ESRX)
Express Scripts Holding (NASDAQ:ESRX) Director Nicholas Lahowchic sold 7,650 shares of the company’s stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $72.00, for a total transaction of $550,800.00. Following the sale, the director now directly owns 24,903 shares in the company, valued at approximately $1,793,016. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Jefferson Research downgraded shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a research note to investors on Friday, January 3rd. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Express Scripts Holding from $75.00 to $77.00 in a research note to investors on Tuesday, December 17th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Express Scripts Holding in a research note to investors on Friday, December 13th. They now have a $70.00 price target on the stock. Seven research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. Express Scripts Holding presently has a consensus rating of “Buy” and a consensus target price of $71.10.
Express Scripts Holding (NASDAQ:ESRX) last posted its quarterly earnings results on Friday, October 25th. The company reported $1.08 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.08. The company had revenue of $25.92 billion for the quarter, compared to the consensus estimate of $25.01 billion. During the same quarter in the prior year, the company posted $1.02 earnings per share. The company’s quarterly revenue was down 3.2% on a year-over-year basis.
Express Scripts, Inc is a pharmacy benefit management (NASDAQ:ESRX) company in North America, offering a range of services to its clients, which include health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans and government health programs.
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