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Quintiles Transnational Holdings (NYSE:Q) Director Michael J. Evanisko sold 5,000 shares of the stock on the open market in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $54.00, for a total value of $270,000.00. Following the sale, the director now directly owns 11,300 shares of the company’s stock, valued at approximately $610,200. The sale was disclosed in a legal filing with the SEC, which is available at this link.

A number of research firms have recently commented on Q. Analysts at SunTrust initiated coverage on shares of Quintiles Transnational Holdings in a research note on Tuesday, June 24th. They set a “neutral” rating and a $56.00 price target on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of Quintiles Transnational Holdings in a research note on Wednesday, June 4th. They set a “hold” rating and a $54.00 price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Quintiles Transnational Holdings in a research note on Tuesday, May 6th. They now have a $56.00 price target on the stock, down previously from $60.00. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $55.42.

Shares of Quintiles Transnational Holdings (NYSE:Q) traded up 0.62% on Monday, hitting $55.30. The stock had a trading volume of 902,246 shares. Quintiles Transnational Holdings has a one year low of $40.10 and a one year high of $55.00. The stock’s 50-day moving average is $51.92 and its 200-day moving average is $50.15. The company has a market cap of $7.197 billion and a P/E ratio of 26.94.

Quintiles Transnational Holdings (NYSE:Q) last released its earnings data on Friday, May 2nd. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.55 by $0.13. The company had revenue of $1,000.00 million for the quarter, compared to the consensus estimate of $1.02 billion. The company’s quarterly revenue was up 8.4% on a year-over-year basis. On average, analysts predict that Quintiles Transnational Holdings will post $2.55 earnings per share for the current fiscal year.

Quintiles Transnational Holdings Inc is a provider of biopharmaceutical development services and commercial outsourcing services.

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