Eric Sherbet Sells 5,000 Shares of IQVIA (NYSE:IQV) Stock

IQVIA Holdings Inc. (NYSE:IQVGet Free Report) insider Eric Sherbet sold 5,000 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $249.16, for a total transaction of $1,245,800.00. Following the completion of the transaction, the insider directly owned 20,999 shares of the company’s stock, valued at $5,232,110.84. This trade represents a 19.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

IQVIA Stock Down 1.1%

NYSE:IQV opened at $235.09 on Friday. IQVIA Holdings Inc. has a 1 year low of $154.50 and a 1 year high of $251.36. The stock has a 50-day moving average price of $194.75 and a two-hundred day moving average price of $187.20. The stock has a market cap of $38.70 billion, a price-to-earnings ratio of 29.17, a PEG ratio of 1.99 and a beta of 1.20. The company has a current ratio of 0.71, a quick ratio of 0.75 and a debt-to-equity ratio of 2.18.

IQVIA (NYSE:IQVGet Free Report) last released its quarterly earnings results on Tuesday, July 28th. The medical research company reported $3.15 EPS for the quarter, topping analysts’ consensus estimates of $3.03 by $0.12. IQVIA had a return on equity of 30.25% and a net margin of 8.10%.The company had revenue of $4.37 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same quarter last year, the firm posted $2.81 earnings per share. IQVIA’s revenue was up 8.7% compared to the same quarter last year. IQVIA has set its FY 2026 guidance at 12.800-13.000 EPS. As a group, equities analysts expect that IQVIA Holdings Inc. will post 11.61 earnings per share for the current year.

IQVIA announced that its board has initiated a share repurchase program on Thursday, May 7th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the medical research company to repurchase up to 6.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Ameliora Wealth Management Ltd. bought a new stake in IQVIA during the 4th quarter worth about $25,000. Financial Freedom LLC bought a new position in shares of IQVIA in the 1st quarter valued at about $25,000. Ascentis Independent Advisors bought a new position in shares of IQVIA in the 1st quarter valued at about $25,000. International Assets Investment Management LLC acquired a new stake in shares of IQVIA in the fourth quarter valued at about $27,000. Finally, Gilpin Wealth Management LLC bought a new stake in IQVIA during the fourth quarter worth about $27,000. Institutional investors and hedge funds own 89.62% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on IQV. HSBC reissued a “buy” rating and set a $240.00 price objective on shares of IQVIA in a research report on Monday, July 6th. Weiss Ratings raised shares of IQVIA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 15th. BMO Capital Markets lifted their price target on IQVIA from $210.00 to $270.00 and gave the company an “outperform” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft set a $240.00 price target on IQVIA in a report on Thursday, July 9th. Finally, Wall Street Zen raised IQVIA from a “hold” rating to a “buy” rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $241.88.

Read Our Latest Stock Report on IQV

Key IQVIA News

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About IQVIA

(Get Free Report)

IQVIA (NYSE: IQV) is a global provider of advanced analytics, technology solutions and contract research services to the life sciences industry. The company combines clinical research capabilities with large-scale health data and analytics to support drug development, regulatory reporting, commercial strategy and real‑world evidence generation. IQVIA traces its current form to the combination of Quintiles and IMS Health announced in 2016 and subsequently rebranded as IQVIA, bringing together long-established clinical research operations and extensive healthcare information assets.

IQVIA’s principal activities include outsourced clinical development services (acting as a contract research organization for phases I–IV), real‑world evidence and observational research, regulatory and safety services, and a suite of technology platforms that enable data integration, analytics and operational management.

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