Cotiviti Holdings, Inc. (NYSE:COTV) CEO J Douglas Williams sold 16,655 shares of the stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $31.25, for a total transaction of $520,468.75. Following the completion of the sale, the chief executive officer now directly owns 2,776,606 shares of the company’s stock, valued at $86,768,937.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

J Douglas Williams also recently made the following trade(s):

  • On Tuesday, October 31st, J Douglas Williams sold 16,655 shares of Cotiviti Holdings stock. The shares were sold at an average price of $34.96, for a total transaction of $582,258.80.
  • On Monday, October 16th, J Douglas Williams sold 8,364 shares of Cotiviti Holdings stock. The shares were sold at an average price of $34.85, for a total transaction of $291,485.40.
  • On Tuesday, October 17th, J Douglas Williams sold 16,655 shares of Cotiviti Holdings stock. The shares were sold at an average price of $34.90, for a total transaction of $581,259.50.
  • On Monday, September 25th, J Douglas Williams sold 8,364 shares of Cotiviti Holdings stock. The shares were sold at an average price of $34.84, for a total transaction of $291,401.76.
  • On Tuesday, September 26th, J Douglas Williams sold 16,728 shares of Cotiviti Holdings stock. The stock was sold at an average price of $34.95, for a total transaction of $584,643.60.
  • On Wednesday, September 13th, J Douglas Williams sold 16,655 shares of Cotiviti Holdings stock. The stock was sold at an average price of $35.71, for a total transaction of $594,750.05.
  • On Wednesday, August 30th, J Douglas Williams sold 16,655 shares of Cotiviti Holdings stock. The stock was sold at an average price of $35.04, for a total transaction of $583,591.20.

Shares of Cotiviti Holdings, Inc. (NYSE COTV) opened at $31.77 on Monday. Cotiviti Holdings, Inc. has a 1 year low of $29.19 and a 1 year high of $45.97. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.44 and a current ratio of 1.44. The company has a market cap of $2,934.55, a P/E ratio of 22.22, a PEG ratio of 1.80 and a beta of 0.90.

Cotiviti Holdings (NYSE:COTV) last issued its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.39 EPS for the quarter, topping the consensus estimate of $0.38 by $0.01. Cotiviti Holdings had a net margin of 13.86% and a return on equity of 13.61%. The company had revenue of $174.20 million during the quarter, compared to analysts’ expectations of $174.01 million. During the same quarter in the previous year, the company earned $0.36 EPS. Cotiviti Holdings’s revenue was up 11.5% on a year-over-year basis. research analysts expect that Cotiviti Holdings, Inc. will post 1.41 earnings per share for the current year.

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Several large investors have recently modified their holdings of COTV. Nicholas Investment Partners LP grew its holdings in Cotiviti Holdings by 0.5% during the second quarter. Nicholas Investment Partners LP now owns 62,003 shares of the business services provider’s stock valued at $2,303,000 after purchasing an additional 306 shares during the period. Smith Asset Management Group LP lifted its stake in Cotiviti Holdings by 0.7% in the second quarter. Smith Asset Management Group LP now owns 92,485 shares of the business services provider’s stock valued at $3,435,000 after buying an additional 620 shares in the last quarter. Stifel Financial Corp lifted its stake in Cotiviti Holdings by 0.6% in the second quarter. Stifel Financial Corp now owns 115,119 shares of the business services provider’s stock valued at $4,274,000 after buying an additional 677 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Cotiviti Holdings by 1.9% in the second quarter. PNC Financial Services Group Inc. now owns 61,753 shares of the business services provider’s stock valued at $2,294,000 after buying an additional 1,145 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in Cotiviti Holdings by 6.3% in the second quarter. Janney Montgomery Scott LLC now owns 24,697 shares of the business services provider’s stock valued at $917,000 after buying an additional 1,455 shares in the last quarter. Institutional investors own 89.01% of the company’s stock.

COTV has been the subject of several analyst reports. SunTrust Banks, Inc. reissued a “buy” rating and set a $45.00 price target on shares of Cotiviti Holdings in a report on Friday, November 10th. Zacks Investment Research downgraded shares of Cotiviti Holdings from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. BidaskClub downgraded shares of Cotiviti Holdings from a “hold” rating to a “sell” rating in a report on Saturday, November 4th. Robert W. Baird reissued a “buy” rating and set a $44.00 price target on shares of Cotiviti Holdings in a report on Friday, November 3rd. Finally, Jefferies Group LLC cut their price target on shares of Cotiviti Holdings from $41.00 to $35.00 and set a “hold” rating for the company in a report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $41.29.

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 (NYSE:COTV)

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