Insider Selling: Nielsen Hldg NV Insider Unloads 146,393 Shares of Stock (NLSN)
Nielsen Hldg NV (NASDAQ:NLSN) Insider James W. Cuminale sold 146,393 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $47.97, for a total transaction of $7,022,472.21. Following the completion of the sale, the insider now directly owns 80,719 shares in the company, valued at approximately $3,872,090. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Nielsen Hldg NV (NASDAQ:NLSN) traded down 0.17% during mid-day trading on Monday, hitting $47.36. 1,252,679 shares of the company’s stock traded hands. Nielsen Hldg NV has a 1-year low of $33.67 and a 1-year high of $49.61. The stock’s 50-day moving average is $47.83 and its 200-day moving average is $46.63. The company has a market cap of $18.011 billion and a P/E ratio of 44.75.
Nielsen Hldg NV (NASDAQ:NLSN) last announced its earnings results on Tuesday, July 29th. The company reported $0.62 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.61 by $0.01. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 15.0% on a year-over-year basis. Analysts expect that Nielsen Hldg NV will post $2.51 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, September 11th. Stockholders of record on Thursday, August 28th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend is Tuesday, August 26th.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Nielsen Hldg NV from a “neutral” rating to an “underperform” rating in a research note on Friday, August 1st. They now have a $44.10 price target on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Nielsen Hldg NV from $45.00 to $48.00 in a research note on Thursday, July 31st. Finally, analysts at FBR Capital Markets raised their price target on shares of Nielsen Hldg NV from $51.00 to $55.00 in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. Nielsen Hldg NV has a consensus rating of “Hold” and a consensus price target of $47.55.
Nielsen NV, formerly Nielsen Holdings NV, is a Netherlands-based company engaged in information and measurement services.
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