Today: 27,953 Shares of WebMD Health Corp. (WBMD) Stock are sold by Douglas W. Wamsley

Today: 27,953 Shares of WebMD Health Corp. (WBMD) Stock are sold by Douglas W. Wamsley

WebMD Health Corp. (NASDAQ:WBMD) VP Douglas W. Wamsley sold 27,953 shares of the company’s stock in a transaction dated Wednesday, November 23rd. The shares were sold at an average price of $53.79, for a total transaction of $1,503,591.87. Following the transaction, the vice president now owns 44,072 shares in the company, valued at approximately $2,370,632.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

WebMD Health Corp. (NASDAQ:WBMD) traded down 0.24% during midday trading on Monday, reaching $53.57. 2,103,576 shares of the company were exchanged. WebMD Health Corp. has a 52-week low of $43.36 and a 52-week high of $67.55. The company has a 50 day moving average of $51.71 and a 200-day moving average of $56.20. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 29.93 and a beta of 0.34.

WebMD Health Corp. (NASDAQ:WBMD) last announced its quarterly earnings results on Tuesday, November 1st. The company reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.07. The firm earned $171.40 million during the quarter, compared to the consensus estimate of $169.96 million. WebMD Health Corp. had a return on equity of 35.64% and a net margin of 11.97%. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.32 earnings per share. On average, equities research analysts anticipate that WebMD Health Corp. will post $1.91 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on the stock. Citigroup Inc. upped their price objective on shares of 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 restated a “buy” rating and set a $70.00 price objective on shares of WebMD Health Corp. in a report on Tuesday, August 9th. Goldman Sachs Group Inc. restated a “neutral” rating and set a $62.00 price objective on shares of WebMD Health Corp. in a report on Thursday, August 11th. Mizuho restated a “buy” rating and set a $68.00 price objective on shares of WebMD Health Corp. in a report on Wednesday, August 10th. Finally, KeyCorp cut their price objective on shares of 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 given a buy rating and two have given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $64.29.

Several large investors have recently bought and sold shares of the stock. Independent Portfolio Consultants Inc. increased its stake in WebMD Health Corp. by 0.3% in the third quarter. Independent Portfolio Consultants Inc. now owns 7,557 shares of the company’s stock valued at $376,000 after buying an additional 25 shares during the last quarter. Aperio Group LLC increased its stake in 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 during the last quarter. Arizona State Retirement System increased its stake in WebMD Health Corp. by 0.6% in the third quarter. Arizona State Retirement System now owns 17,300 shares of the company’s stock valued at $860,000 after buying an additional 100 shares during the last quarter. Texas Permanent School Fund increased its stake in WebMD Health Corp. by 0.4% in the third quarter. Texas Permanent School Fund now owns 29,699 shares of the company’s stock valued at $1,476,000 after buying an additional 115 shares during the last quarter. Finally, Capital One National Association increased its stake in WebMD Health Corp. by 0.4% in the third quarter. Capital One National Association now owns 42,619 shares of the company’s stock valued at $2,118,000 after buying an additional 166 shares during the last quarter. 84.55% of the stock is owned by institutional investors and hedge funds.

WebMD Health Corp. Company Profile

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