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IPC The Hospitalist Company (NASDAQ:IPCM) Insider Devra G. Shapiro sold 27,314 shares of the company’s stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $40.04, for a total value of $1,093,652.56. Following the completion of the sale, the insider now directly owns 3,312 shares in the company, valued at approximately $132,612. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

IPCM has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated a “neutral” rating on shares of IPC The Hospitalist Company in a research note on Wednesday, June 18th. They now have a $42.00 price target on the stock, down previously from $50.00. Separately, analysts at Wells Fargo & Co. upgraded shares of IPC The Hospitalist Company from a “market perform” rating to an “outperform” rating in a research note on Friday, April 25th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $52.25.

Shares of IPC The Hospitalist Company (NASDAQ:IPCM) traded down 0.15% on Tuesday, hitting $40.25. The stock had a trading volume of 237,738 shares. IPC The Hospitalist Company has a one year low of $38.13 and a one year high of $63.70. The stock’s 50-day moving average is $41.85 and its 200-day moving average is $49.80. The company has a market cap of $689.5 million and a P/E ratio of 17.08.

IPC The Hospitalist Company (NASDAQ:IPCM) last released its earnings data on Wednesday, April 23rd. The company reported $0.57 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.64 by $0.07. The company had revenue of $172.73 million for the quarter, compared to the consensus estimate of $183.00 million. During the same quarter last year, the company posted $0.57 earnings per share. IPC The Hospitalist Company’s revenue was up 12.8% compared to the same quarter last year. On average, analysts predict that IPC The Hospitalist Company will post $2.40 earnings per share for the current fiscal year.

IPC The Hospitalist Company, Inc (NASDAQ:IPCM) is a provider of hospitalist services in the United States.

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