Insider Selling: Quintiles Transitional Holdings Inc. (IQV) Insider Sells 46,080 Shares of Stock

Quintiles Transitional Holdings Inc. (NYSE:IQV) insider Ari Bousbib sold 46,080 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $108.14, for a total value of $4,983,091.20. Following the completion of the sale, the insider now directly owns 1,036,839 shares of the company’s stock, valued at $112,123,769.46. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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

  • On Monday, October 2nd, Ari Bousbib sold 46,080 shares of Quintiles Transitional Holdings stock. The shares were sold at an average price of $94.91, for a total value of $4,373,452.80.
  • 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:IQV) traded up $0.46 during midday trading on Tuesday, hitting $104.36. The stock had a trading volume of 1,210,531 shares, compared to its average volume of 1,487,507. The firm has a market cap of $22,050.00, a P/E ratio of 23.85, a PEG ratio of 1.71 and a beta of 0.65. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.29. Quintiles Transitional Holdings Inc. has a 12 month low of $71.90 and a 12 month high of $110.67.

Quintiles Transitional Holdings (NYSE:IQV) last released its quarterly earnings data on Thursday, October 26th. The medical research company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.14 by $0.05. The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.01 billion. Quintiles Transitional Holdings had a return on equity of 12.60% and a net margin of 0.58%. The firm’s revenue for the quarter was up 77.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.00 EPS. equities analysts predict that Quintiles Transitional Holdings Inc. will post 4.62 EPS for the current fiscal year.

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A number of analysts recently issued reports on the company. KeyCorp reissued a “sector weight” rating and set a $100.00 target price on shares of Quintiles Transitional Holdings in a research note on Friday, November 10th. Morgan Stanley increased their target price on Quintiles Transitional Holdings from $96.00 to $121.00 and gave the stock an “overweight” rating in a research note on Thursday, November 9th. Mizuho cut Quintiles Transitional Holdings from a “buy” rating to a “neutral” rating and set a $90.00 target price for the company. in a research note on Thursday, November 9th. SunTrust Banks, Inc. reissued a “hold” rating and set a $114.00 target price on shares of Quintiles Transitional Holdings in a research note on Friday, November 3rd. Finally, Zacks Investment Research cut Quintiles Transitional Holdings from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Eleven investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $103.15.

About Quintiles Transitional Holdings

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:IQV)

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