WebMD Health Corp. (WBMD) VP Douglas W. Wamsley Sells 27,953 Shares
WebMD Health Corp. (NASDAQ:WBMD) VP Douglas W. Wamsley sold 27,953 shares of the stock in a transaction on Wednesday, November 23rd. The shares were sold at an average price of $53.79, for a total value of $1,503,591.87. Following the transaction, the vice president now directly owns 44,072 shares in the company, valued at $2,370,632.88. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of WebMD Health Corp. (NASDAQ:WBMD) opened at 53.57 on Tuesday. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 29.93 and a beta of 0.34. The firm has a 50-day moving average price of $51.80 and a 200-day moving average price of $56.03. WebMD Health Corp. has a 52 week low of $45.41 and a 52 week high of $67.55.
WebMD Health Corp. (NASDAQ:WBMD) last posted its earnings results on Tuesday, November 1st. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.07. The company had revenue of $171.40 million for the quarter, compared to analyst estimates of $169.96 million. WebMD Health Corp. had a net margin of 11.97% and a return on equity of 35.64%. WebMD Health Corp.’s revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.32 EPS. On average, equities analysts anticipate that WebMD Health Corp. will post $1.91 earnings per share for the current year.
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A number of institutional investors have recently bought and sold shares of the stock. LS Investment Advisors LLC raised its position in WebMD Health Corp. by 7.2% in the third quarter. LS Investment Advisors LLC now owns 2,480 shares of the company’s stock valued at $123,000 after buying an additional 167 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of WebMD Health Corp. during the third quarter valued at approximately $201,000. Aperio Group LLC raised its position in shares of WebMD Health Corp. by 2.1% in the third quarter. Aperio Group LLC now owns 4,151 shares of the company’s stock valued at $206,000 after buying an additional 87 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of WebMD Health Corp. by 11,003.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,553 shares of the company’s stock valued at $207,000 after buying an additional 3,521 shares in the last quarter. Finally, Smithfield Trust Co. raised its position in shares of WebMD Health Corp. by 23.4% in the second quarter. Smithfield Trust Co. now owns 3,690 shares of the company’s stock valued at $215,000 after buying an additional 700 shares in the last quarter. Institutional investors own 84.55% of the company’s stock.
Several equities analysts have recently weighed in on the company. Citigroup Inc. increased their price target on WebMD Health Corp. from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Tuesday, August 9th. Leerink Swann reissued a “buy” rating and set a $70.00 price target on shares of WebMD Health Corp. in a report on Tuesday, August 9th. Goldman Sachs Group Inc. reissued a “neutral” rating and set a $62.00 price target on shares of WebMD Health Corp. in a report on Thursday, August 11th. Mizuho reissued a “buy” rating and set a $68.00 price target on shares of WebMD Health Corp. in a report on Wednesday, August 10th. Finally, KeyCorp lowered their price target on WebMD Health Corp. from $74.00 to $72.00 and set an “overweight” rating on the stock in a report on Tuesday, August 16th. Six equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $64.29.
WebMD Health Corp. Company Profile
WebMD Health Corp. is a provider of health information services. The Company provides its 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. The WebMD Health Network includes: www.WebMD.com, its primary public portal for consumers and related mobile-optimized sites and mobile apps; www.Medscape.com, its primary public portal for physicians and other healthcare professionals and related mobile services; and other sites through which, the Company provides its branded health and wellness content, tools and services.
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