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WebMD Health Corp. (NASDAQ:WBMD) President Steven L. Zatz sold 64,929 shares of WebMD Health Corp. stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $47.71, for a total transaction of $3,097,762.59. Following the completion of the sale, the president now directly owns 64,121 shares in the company, valued at approximately $3,059,213. The sale was disclosed in a document filed 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. 486,817 shares of the company’s stock traded hands. WebMD Health Corp. has a 52 week low of $28.03 and a 52 week 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 P/E ratio of 69.99.

WebMD Health Corp. (NASDAQ:WBMD) last announced its earnings results on Tuesday, August 5th. The company reported $0.23 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.05 earnings per share. The company’s quarterly revenue 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.

WBMD has been the subject of a number of recent research reports. 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 analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target 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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