Cotiviti Holdings Inc (NASDAQ:COTV) CEO J Douglas Williams sold 16,655 shares of the company’s stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $35.71, for a total value of $594,750.05. Following the completion of the transaction, the chief executive officer now directly owns 2,843,299 shares of the company’s stock, valued at approximately $101,534,207.29. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

J Douglas Williams also recently made the following trade(s):

  • On Wednesday, August 30th, J Douglas Williams sold 16,655 shares of Cotiviti Holdings stock. The stock was sold at an average price of $35.04, for a total value of $583,591.20.
  • On Wednesday, August 16th, J Douglas Williams sold 8,364 shares of Cotiviti Holdings stock. The stock was sold at an average price of $35.93, for a total value of $300,518.52.
  • On Thursday, August 17th, J Douglas Williams sold 16,655 shares of Cotiviti Holdings stock. The stock was sold at an average price of $35.78, for a total value of $595,915.90.
  • On Wednesday, July 26th, J Douglas Williams sold 16,728 shares of Cotiviti Holdings stock. The stock was sold at an average price of $42.33, for a total value of $708,096.24.
  • On Wednesday, July 12th, J Douglas Williams sold 16,655 shares of Cotiviti Holdings stock. The stock was sold at an average price of $40.76, for a total value of $678,857.80.
  • On Wednesday, June 28th, J Douglas Williams sold 16,655 shares of Cotiviti Holdings stock. The stock was sold at an average price of $38.19, for a total value of $636,054.45.
  • On Friday, June 16th, J Douglas Williams sold 16,655 shares of Cotiviti Holdings stock. The stock was sold at an average price of $37.73, for a total value of $628,393.15.

Cotiviti Holdings Inc (NASDAQ:COTV) traded down 0.96% during midday trading on Thursday, hitting $35.14. The stock had a trading volume of 359,109 shares. The stock has a 50-day moving average price of $35.66 and a 200 day moving average price of $36.87. The firm has a market cap of $3.24 billion and a P/E ratio of 43.22. Cotiviti Holdings Inc has a 12-month low of $29.09 and a 12-month high of $41.38.

Cotiviti Holdings (NASDAQ:COTV) last posted its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.02. Cotiviti Holdings had a net margin of 12.58% and a return on equity of 8.55%. The company had revenue of $167.60 million during the quarter, compared to the consensus estimate of $167.47 million. During the same period last year, the firm earned $0.37 EPS. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. On average, equities analysts anticipate that Cotiviti Holdings Inc will post $1.54 earnings per share for the current fiscal year.

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Institutional investors have recently modified their holdings of the stock. Great West Life Assurance Co. Can acquired a new position in shares of Cotiviti Holdings during the 2nd quarter worth approximately $107,000. BNP Paribas Arbitrage SA raised its position in shares of Cotiviti Holdings by 553.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,137 shares of the business services provider’s stock worth $117,000 after purchasing an additional 2,657 shares during the last quarter. Quantbot Technologies LP raised its position in shares of Cotiviti Holdings by 502.1% during the 1st quarter. Quantbot Technologies LP now owns 4,775 shares of the business services provider’s stock worth $198,000 after purchasing an additional 3,982 shares during the last quarter. Invictus RG acquired a new position in shares of Cotiviti Holdings during the 1st quarter worth approximately $209,000. Finally, Pacer Advisors Inc. raised its position in shares of Cotiviti Holdings by 138.9% during the 2nd quarter. Pacer Advisors Inc. now owns 5,642 shares of the business services provider’s stock worth $210,000 after purchasing an additional 3,280 shares during the last quarter.

A number of equities analysts recently weighed in on the company. Zacks Investment Research raised Cotiviti Holdings from a “sell” rating to a “hold” rating in a report on Monday, August 7th. Leerink Swann initiated coverage on Cotiviti Holdings in a report on Tuesday, July 4th. They set an “outperform” rating and a $48.00 target price for the company. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $40.50.

About Cotiviti Holdings

Cotiviti Holdings, Inc is a provider of analytics-driven payment accuracy solutions. The Company focuses primarily on the healthcare sector. The Company operates through two segments: Healthcare, and Global Retail and Other. Through its Healthcare segment, the Company offers prospective and retrospective claims accuracy solutions to healthcare payers in the United States.

Insider Buying and Selling by Quarter for Cotiviti Holdings (NASDAQ:COTV)

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