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Team Health Holdings (NYSE:TMH) CEO Greg Roth unloaded 23,600 shares of Team Health Holdings stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $49.24, for a total value of $1,162,064.00. Following the completion of the transaction, the chief executive officer now directly owns 155,864 shares of the company’s stock, valued at approximately $7,674,743. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Team Health Holdings (NYSE:TMH) traded down 0.04% during mid-day trading on Wednesday, hitting $49.03. 493,756 shares of the company’s stock traded hands. Team Health Holdings has a 52-week low of $36.41 and a 52-week high of $52.18. The stock’s 50-day moving average is $49.44 and its 200-day moving average is $46.38. The company has a market cap of $3.444 billion and a P/E ratio of 37.47.

Team Health Holdings (NYSE:TMH) last announced its earnings results on Tuesday, April 29th. The company reported $0.54 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.50 by $0.04. The company had revenue of $641.65 million for the quarter, compared to the consensus estimate of $646.83 million. During the same quarter last year, the company posted $0.44 earnings per share. Team Health Holdings’s revenue was up 11.4% compared to the same quarter last year. Analysts expect that Team Health Holdings will post $2.19 EPS for the current fiscal year.

A number of research firms have recently commented on TMH. Analysts at Goldman Sachs downgraded shares of Team Health Holdings from a “conviction-buy” rating to a “buy” rating in a research note on Monday. Separately, analysts at Deutsche Bank downgraded shares of Team Health Holdings from a “buy” rating to a “hold” rating in a research note on Friday, June 6th. They now have a $53.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at RBC Capital raised their price target on shares of Team Health Holdings from $50.00 to $55.00 in a research note on Monday, May 5th. They now have an “outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $53.43.

Team Health Holdings, Inc is a supplier of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States, based upon revenues, patient visits, and number of clients.

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