Insider Selling: IHS CFO Unloads 2,000 Shares of Stock (IHS)
IHS (NYSE:IHS) CFO Todd S. Hyatt sold 2,000 shares of IHS stock on the open market in a transaction dated Monday, February 3rd. The stock was sold at an average price of $112.52, for a total value of $225,040.00. Following the sale, the chief financial officer now directly owns 16,154 shares in the company, valued at approximately $1,817,648. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of IHS (NYSE:IHS) traded up 1.05% on Tuesday, hitting $112.14. The stock had a trading volume of 394,508 shares. IHS has a 1-year low of $95.03 and a 1-year high of $123.95. The stock has a 50-day moving average of $116.7 and a 200-day moving average of $112.8. The company has a market cap of $7.559 billion and a P/E ratio of 56.94.
IHS (NYSE:IHS) last issued its quarterly earnings data on Tuesday, January 7th. The company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.59. The company had revenue of $560.00 million for the quarter, compared to the consensus estimate of $534.84 million. During the same quarter in the previous year, the company posted $1.21 earnings per share. The company’s revenue for the quarter was up 35.1% on a year-over-year basis. Analysts expect that IHS will post $5.81 EPS for the current fiscal year.
IHS has been the subject of a number of recent research reports. Analysts at RBC Capital initiated coverage on shares of IHS in a research note to investors on Friday, January 10th. They set an “outperform” rating and a $139.00 price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of IHS from $125.00 to $130.00 in a research note to investors on Wednesday, January 8th. They now have a “buy” rating on the stock. Finally, analysts at Barclays raised their price target on shares of IHS from $120.00 to $140.00 in a research note to investors on Wednesday, January 8th. They now have an “overweight” rating on the stock. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $126.68.
IHS Inc (NYSE:IHS) is a source of information and insight in areas, such as energy and power; design and supply chain; defense, risk, and security; environment, health and safety (EHS) and sustainability; country and industry forecasting, and commodities, pricing, and cost.
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