Teladoc Inc. (NYSE:TDOC) VP Mark Hirschhorn sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, November 10th. The shares were sold at an average price of $17.50, for a total value of $87,500.00. Following the completion of the transaction, the vice president now directly owns 267,687 shares in the company, valued at approximately $4,684,522.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Mark Hirschhorn also recently made the following trade(s):

  • On Monday, October 17th, Mark Hirschhorn sold 5,000 shares of Teladoc stock. The shares were sold at an average price of $15.52, for a total value of $77,600.00.

Shares of Teladoc Inc. (NYSE:TDOC) opened at 16.95 on Tuesday. The firm’s 50-day moving average price is $16.78 and its 200 day moving average price is $15.54. Teladoc Inc. has a 1-year low of $9.08 and a 1-year high of $22.00. The company’s market capitalization is $780.24 million.

Teladoc (NYSE:TDOC) last posted its earnings results on Thursday, October 27th. The company reported ($0.33) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.36) by $0.03. Teladoc had a negative net margin of 69.15% and a negative return on equity of 32.68%. The firm had revenue of $32.40 million for the quarter, compared to analysts’ expectations of $32.29 million. During the same quarter last year, the firm earned ($0.35) EPS. The company’s quarterly revenue was up 62.0% compared to the same quarter last year. Equities analysts predict that Teladoc Inc. will post ($1.42) EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Teladoc (NYSE:TDOC)

Several large investors have recently modified their holdings of the company. Airain ltd bought a new stake in shares of Teladoc during the second quarter valued at about $200,000. PNC Financial Services Group Inc. raised its stake in shares of Teladoc by 126.4% in the second quarter. PNC Financial Services Group Inc. now owns 78,800 shares of the company’s stock valued at $1,262,000 after buying an additional 44,000 shares during the last quarter. California State Teachers Retirement System raised its stake in shares of Teladoc by 116.8% in the second quarter. California State Teachers Retirement System now owns 43,509 shares of the company’s stock valued at $697,000 after buying an additional 23,438 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Teladoc by 55.9% in the second quarter. Bank of New York Mellon Corp now owns 64,138 shares of the company’s stock valued at $1,027,000 after buying an additional 22,997 shares during the last quarter. Finally, Emerald Advisers Inc. PA raised its stake in shares of Teladoc by 3.2% in the second quarter. Emerald Advisers Inc. PA now owns 394,742 shares of the company’s stock valued at $6,324,000 after buying an additional 12,180 shares during the last quarter. Institutional investors own 39.60% of the company’s stock.

Several research firms have recently commented on TDOC. Deutsche Bank AG decreased their target price on Teladoc from $21.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, August 4th. FBR & Co decreased their target price on Teladoc from $34.00 to $28.00 and set an “outperform” rating on the stock in a research report on Thursday, August 4th. Oppenheimer Holdings Inc. set a $23.00 price target on Teladoc and gave the company a “buy” rating in a research note on Sunday, October 30th. Zacks Investment Research cut Teladoc from a “hold” rating to a “sell” rating in a research note on Tuesday, September 20th. Finally, Piper Jaffray Cos. reiterated an “overweight” rating and issued a $21.00 price target (down from $22.00) on shares of Teladoc in a research note on Friday, August 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $22.80.

Teladoc Company Profile

Teladoc, Inc, together with its subsidiaries, is a telehealth company. The Company offers telehealth platform, delivering on-demand healthcare anytime, anywhere, through mobile devices, the Internet, video and phone. The Company operates through health services segment. Its solution connects its Members, with its over 3,000 board-certified physicians and behavioral health professionals who treat a range of conditions and cases from acute diagnoses, such as upper respiratory infection, urinary tract infection and sinusitis to dermatological conditions, anxiety and smoking cessation.

5 Day Chart for NYSE:TDOC

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