WebMD Health Corp. VP Michael B. Glick Sells 15,742 Shares (WBMD)
WebMD Health Corp. (NASDAQ:WBMD) VP Michael B. Glick sold 15,742 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $47.82, for a total transaction of $752,782.44. Following the transaction, the vice president now directly owns 29,595 shares of the company’s stock, valued at approximately $1,415,233. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
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 one year low of $28.03 and a one year high of $53.30. The stock’s 50-day moving average is $49.64 and its 200-day moving average is $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 released its earnings data on Tuesday, August 5th. The company reported $0.23 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.05 earnings per share. WebMD Health Corp.’s revenue was up 12.1% compared to the same quarter last year. Analysts expect that WebMD Health Corp. will post $0.97 EPS for the current fiscal year.
Several analysts have recently commented on the stock. 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 given a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus 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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