Quintiles Transitional Holdings Inc. (NYSE:Q) insider Ari Bousbib sold 46,080 shares of Quintiles Transitional Holdings stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $94.91, for a total transaction of $4,373,452.80. Following the completion of the sale, the insider now owns 1,036,839 shares of the company’s stock, valued at approximately $98,406,389.49. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Ari Bousbib also recently made the following trade(s):

  • On Friday, September 1st, Ari Bousbib sold 46,080 shares of Quintiles Transitional Holdings stock. The shares were sold at an average price of $95.65, for a total value of $4,407,552.00.
  • On Monday, August 7th, Ari Bousbib sold 92,160 shares of Quintiles Transitional Holdings stock. The shares were sold at an average price of $90.35, for a total value of $8,326,656.00.

Quintiles Transitional Holdings Inc. (NYSE Q) traded up 0.11% during trading on Tuesday, reaching $95.10. The company had a trading volume of 967,155 shares. The stock has a 50 day moving average price of $95.09 and a 200-day moving average price of $87.95. The company has a market capitalization of $20.59 billion, a PE ratio of 275.65 and a beta of 0.62. Quintiles Transitional Holdings Inc. has a 52-week low of $70.10 and a 52-week high of $99.95.

Quintiles Transitional Holdings (NYSE:Q) last issued its quarterly earnings data on Thursday, August 3rd. The medical research company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.04. Quintiles Transitional Holdings had a net margin of 0.82% and a return on equity of 14.23%. The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same quarter in the previous year, the business posted $0.93 EPS. The firm’s revenue was up 68.7% compared to the same quarter last year. On average, equities research analysts anticipate that Quintiles Transitional Holdings Inc. will post $4.58 earnings per share for the current fiscal year.

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Q has been the topic of a number of recent research reports. BidaskClub upgraded shares of Quintiles Transitional Holdings from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 19th. Citigroup Inc. reissued a “neutral” rating and set a $96.00 price target (up previously from $87.00) on shares of Quintiles Transitional Holdings in a research report on Wednesday, June 28th. Robert W. Baird raised shares of Quintiles Transitional Holdings from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $76.00 to $93.00 in a research note on Friday, July 7th. Credit Suisse Group reissued an “outperform” rating and issued a $96.00 price objective (up previously from $94.00) on shares of Quintiles Transitional Holdings in a research note on Tuesday, June 6th. Finally, Royal Bank Of Canada initiated coverage on shares of Quintiles Transitional Holdings in a report on Tuesday, September 19th. They issued an “outperform” rating and a $116.00 price objective for the company. Eleven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $92.84.

Several large investors have recently added to or reduced their stakes in the stock. ProShare Advisors LLC acquired a new stake in shares of Quintiles Transitional Holdings during the first quarter worth approximately $229,000. Russell Investments Group Ltd. raised its holdings in Quintiles Transitional Holdings by 15.7% in the first quarter. Russell Investments Group Ltd. now owns 50,658 shares of the medical research company’s stock valued at $4,080,000 after acquiring an additional 6,865 shares in the last quarter. American Century Companies Inc. raised its holdings in Quintiles Transitional Holdings by 1.1% in the first quarter. American Century Companies Inc. now owns 11,719 shares of the medical research company’s stock valued at $944,000 after acquiring an additional 128 shares in the last quarter. UBS Asset Management Americas Inc. raised its holdings in Quintiles Transitional Holdings by 4.7% in the first quarter. UBS Asset Management Americas Inc. now owns 400,657 shares of the medical research company’s stock valued at $32,265,000 after acquiring an additional 18,040 shares in the last quarter. Finally, Pacer Advisors Inc. raised its holdings in Quintiles Transitional Holdings by 3.2% in the first quarter. Pacer Advisors Inc. now owns 3,738 shares of the medical research company’s stock valued at $301,000 after acquiring an additional 116 shares in the last quarter. Institutional investors and hedge funds own 93.21% of the company’s stock.

Quintiles Transitional Holdings Company Profile

Quintiles IMS Holdings, Inc, formerly Quintiles Transnational Holdings Inc, provides integrated information and technology-enabled healthcare services. The Company operates through segments, including Commercial Solutions; Research & Development Solutions, and Integrated Engagement Services. The Commercial Solutions segment offerings include national information offerings, sub-national information offerings, technology solutions, and workflow analytics and consulting services.

Insider Buying and Selling by Quarter for Quintiles Transitional Holdings (NYSE:Q)

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