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

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

Shares of Cotiviti Holdings Inc (COTV) opened at 34.53 on Friday. The firm has a 50-day moving average of $35.43 and a 200-day moving average of $36.56. The firm has a market capitalization of $3.18 billion and a P/E ratio of 42.47. Cotiviti Holdings Inc has a one year low of $29.09 and a one year high of $41.38.

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

COPYRIGHT VIOLATION WARNING: “Insider Selling: Cotiviti Holdings Inc (COTV) CEO Sells $594,750.05 in Stock” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright and trademark laws. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/09/17/insider-selling-cotiviti-holdings-inc-cotv-ceo-sells-594750-05-in-stock.html.

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

Hedge funds have recently made changes to their positions in the stock. Great West Life Assurance Co. Can acquired a new stake in Cotiviti Holdings in the second quarter worth about $107,000. BNP Paribas Arbitrage SA increased its position in Cotiviti Holdings by 553.5% in the second 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 period. Quantbot Technologies LP increased its position in Cotiviti Holdings by 502.1% in the first 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 period. Invictus RG acquired a new stake in Cotiviti Holdings in the first quarter worth about $209,000. Finally, CIBC World Markets Inc. acquired a new stake in Cotiviti Holdings in the first quarter worth about $222,000.

Cotiviti Holdings Company Profile

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)

Receive News & Stock Ratings for Cotiviti Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cotiviti Holdings Inc and related stocks with our FREE daily email newsletter.