Insider Selling: Stanley S. Trotman, Jr. Unloads 12,000 Shares of WebMD Health Corp. Stock (WBMD)
WebMD Health Corp. (NASDAQ:WBMD) Director Stanley S. Trotman, Jr. sold 12,000 shares of WebMD Health Corp. stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $48.91, for a total transaction of $586,920.00. Following the completion of the sale, the director now directly owns 26,495 shares of the company’s stock, valued at approximately $1,295,870. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of WebMD Health Corp. (NASDAQ:WBMD) traded down 0.22% on Tuesday, hitting $48.88. 264,943 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 $49.32 and its 200-day moving average is $45.48. The company has a market cap of $1.863 billion and a price-to-earnings ratio of 72.04.
WebMD Health Corp. (NASDAQ:WBMD) last posted its quarterly earnings results 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. 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 Stifel Nicolaus reiterated a “positive” rating on shares of WebMD Health Corp. in a research note on Monday. They now have a $60.00 price target on the stock. Separately, 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. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus 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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