Insider Selling: Nielsen Hldg Director Unloads 187,194 Shares of Stock (NLSN)
Nielsen Hldg (NASDAQ:NLSN) Director David L. Calhoun unloaded 187,194 shares of the stock on the open market in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $48.13, for a total transaction of $9,009,647.22. Following the completion of the transaction, the director now directly owns 763,186 shares in the company, valued at approximately $36,732,142. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Nielsen Hldg (NASDAQ:NLSN) traded up 0.35% on Monday, hitting $48.3693. 1,069,975 shares of the company’s stock traded hands. Nielsen Hldg has a one year low of $32.40 and a one year high of $48.51. The stock has a 50-day moving average of $47.28 and a 200-day moving average of $45.38. The company has a market cap of $18.328 billion and a P/E ratio of 24.22.
Nielsen Hldg (NASDAQ:NLSN) last released its earnings data on Thursday, April 24th. The company reported $0.43 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.42 by $0.01. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter last year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. On average, analysts predict that Nielsen Hldg will post $2.51 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Nielsen Hldg in a research note on Thursday. They now have a $53.00 price target on the stock, up previously from $51.00. Separately, analysts at Barclays initiated coverage on shares of Nielsen Hldg in a research note on Wednesday, May 14th. They set an “overweight” rating and a $55.00 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Nielsen Hldg from $52.00 to $56.00 in a research note on Wednesday, April 30th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $44.66.
Nielsen Holdings NV is a Netherlands-based company engaged in information and measurement services. The Company, together with its subsidiaries, delivers media and marketing information, and analytics on a global and local basis.
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