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WebMD Health Corp. (NASDAQ:WBMD) Director Mark J. Md Adler sold 2,334 shares of WebMD Health Corp. stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $49.16, for a total value of $114,739.44. Following the sale, the director now directly owns 2,535 shares in the company, valued at approximately $124,621. 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 1.60% during mid-day trading on Wednesday, hitting $48.10. The stock had a trading volume of 317,639 shares. WebMD Health Corp. has a one year low of $28.03 and a one year high of $53.30. The stock has a 50-day moving average of $49.29 and a 200-day moving average of $45.50. The company has a market cap of $1.833 billion and a P/E ratio of 71.88.

WebMD Health Corp. (NASDAQ:WBMD) last announced its 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. On average, analysts predict that WebMD Health Corp. will post $0.97 earnings per share 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 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 assigned a strong buy rating to the company’s stock. WebMD Health Corp. 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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