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WebMD Health Corp. (NASDAQ:WBMD) President Steven L. Zatz sold 59,929 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $47.71, for a total transaction of $2,859,212.59. Following the transaction, the president now directly owns 64,121 shares in the company, valued at approximately $3,059,213. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of WebMD Health Corp. (NASDAQ:WBMD) traded up 0.32% during mid-day trading on Wednesday, hitting $47.74. The stock had a trading volume of 486,817 shares. WebMD Health Corp. has a one year low of $28.03 and a one year high of $53.30. The stock has a 50-day moving average of $49.64 and a 200-day moving average of $45.37. The company has a market cap of $1.819 billion and a price-to-earnings ratio of 69.99.

WebMD Health Corp. (NASDAQ:WBMD) last released its earnings data on Tuesday, August 5th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.04. The company had revenue of $140.40 million for the quarter, compared to the consensus estimate of $139.95 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, analysts predict that WebMD Health Corp. will post $0.97 earnings per share for the current fiscal year.

A number of research firms have recently commented on WBMD. Analysts at Raymond James reiterated a “strong-buy” rating on shares of WebMD Health Corp. in a research note on Wednesday, August 6th. They now have a $57.00 price target on the stock, up previously from $54.00. Analysts at Stifel Nicolaus upgraded shares of WebMD Health Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, July 2nd. They now have a $60.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. WebMD Health Corp. presently has a consensus rating of “Buy” and an average target price of $57.00.

WebMD Health Corp. is a provider of health information services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications.

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