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Team Health Holdings (NYSE:TMH) Chairman H. Lynn Massingale sold 15,000 shares of the stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $56.20, for a total transaction of $843,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on TMH shares. Analysts at Zacks upgraded shares of Team Health Holdings from a “neutral” rating to an “outperform” rating in a research note on Monday. They now have a $58.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Team Health Holdings from $55.00 to $64.00 in a research note on Monday. They now have an “outperform” rating on the stock. Finally, analysts at SunTrust reiterated a “buy” rating on shares of Team Health Holdings in a research note on Thursday. They now have a $66.00 price target on the stock, up previously from $58.00. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $60.73.

Team Health Holdings (NYSE:TMH) traded up 0.68% during mid-day trading on Monday, hitting $56.38. The stock had a trading volume of 643,837 shares. Team Health Holdings has a 1-year low of $36.41 and a 1-year high of $57.73. The stock’s 50-day moving average is $51.09 and its 200-day moving average is $47.58. The company has a market cap of $3.983 billion and a price-to-earnings ratio of 38.10.

Team Health Holdings (NYSE:TMH) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.61 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.53 by $0.08. The company had revenue of $675.10 million for the quarter, compared to the consensus estimate of $650.16 million. During the same quarter last year, the company posted $0.44 earnings per share. Team Health Holdings’s revenue was up 16.5% compared to the same quarter last year. Analysts expect that Team Health Holdings will post $2.29 EPS for the current fiscal year.

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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