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WebMD Health Corp. (NASDAQ:WBMD) Chairman Martin J. Wygod sold 35,081 shares of the company’s stock on the open market in a transaction dated Monday, August 18th. The stock was sold at an average price of $48.20, for a total transaction of $1,690,904.20. Following the completion of the sale, the chairman now directly owns 128,425 shares of the company’s stock, valued at approximately $6,190,085. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

WebMD Health Corp. (NASDAQ:WBMD) traded up 3.60% on Monday, hitting $49.26. 938,414 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 $49.56 and a 200-day moving average of $45.37. The company has a market cap of $1.877 billion and a price-to-earnings ratio of 69.93.

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.

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 investment analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has a consensus 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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