Press Ganey Holdings Inc. (NYSE:PGND) insider Patricia L. Riskind sold 35,948 shares of the stock in a transaction on Monday, September 19th. The stock was sold at an average price of $40.22, for a total transaction of $1,445,828.56. Following the sale, the insider now owns 77,434 shares of the company’s stock, valued at approximately $3,114,395.48. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Press Ganey Holdings Inc. (NYSE:PGND) opened at 40.26 on Wednesday. The stock has a 50 day moving average of $40.44 and a 200-day moving average of $35.60. The stock has a market cap of $2.14 billion, a P/E ratio of 78.79 and a beta of 0.99. Press Ganey Holdings Inc. has a one year low of $23.68 and a one year high of $42.09.

Press Ganey Holdings (NYSE:PGND) last released its earnings results on Monday, August 1st. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.03. Press Ganey Holdings had a net margin of 7.92% and a return on equity of 6.21%. The firm earned $91.20 million during the quarter, compared to analyst estimates of $88.41 million. Analysts anticipate that Press Ganey Holdings Inc. will post $1.14 EPS for the current year.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/press-ganey-holdings-inc-pgnd-insider-sells-1445828-56-in-stock.html

A number of hedge funds have recently added to or reduced their stakes in PGND. Teacher Retirement System of Texas increased its position in shares of Press Ganey Holdings by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 2,942 shares of the company’s stock valued at $116,000 after buying an additional 357 shares during the period. Acrospire Investment Management LLC increased its position in shares of Press Ganey Holdings by 23.8% in the second quarter. Acrospire Investment Management LLC now owns 2,600 shares of the company’s stock valued at $102,000 after buying an additional 500 shares during the period. Legal & General Group Plc purchased a new position in shares of Press Ganey Holdings during the second quarter valued at about $124,000. Tower Research Capital LLC TRC increased its position in shares of Press Ganey Holdings by 3,359.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,459 shares of the company’s stock valued at $136,000 after buying an additional 3,359 shares during the period. Finally, Barclays PLC increased its position in shares of Press Ganey Holdings by 10,132.6% in the second quarter. Barclays PLC now owns 4,400 shares of the company’s stock valued at $173,000 after buying an additional 4,357 shares during the period. Hedge funds and other institutional investors own 96.61% of the company’s stock.

Several analysts have recently commented on PGND shares. Raymond James Financial Inc. restated a “market perform” rating on shares of Press Ganey Holdings in a research note on Tuesday. Goldman Sachs Group Inc. cut shares of Press Ganey Holdings from a “buy” rating to a “neutral” rating and set a $39.00 target price for the company. in a research note on Monday, June 20th. They noted that the move was a valuation call. Canaccord Genuity restated a “buy” rating on shares of Press Ganey Holdings in a research note on Friday, June 10th. Leerink Swann restated a “hold” rating on shares of Press Ganey Holdings in a research note on Tuesday, August 2nd. Finally, Avondale Partners cut shares of Press Ganey Holdings from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 10th. Ten investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $39.56.

Press Ganey Holdings Company Profile

Press Ganey Holdings, Inc is a provider of patient experience and caregiver measurement, performance analytics and strategic advisory solutions for healthcare organizations. The Company provides its clients with a digital platform that captures the perspectives of patients, physicians, nurses and other healthcare employees and enables its clients to benchmark, analyze and manage the patient and caregiver experience.

5 Day Chart for NYSE:PGND

Receive News & Ratings for Press Ganey Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Press Ganey Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.