Quintiles Transitional Holdings Inc. (NYSE:Q) insider Kevin C. Knightly sold 19,339 shares of the stock in a transaction on Friday, August 25th. The shares were sold at an average price of $99.51, for a total value of $1,924,423.89. Following the completion of the transaction, the insider now directly owns 40,650 shares in the company, valued at approximately $4,045,081.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Quintiles Transitional Holdings Inc. (NYSE Q) opened at 96.00 on Wednesday. The firm has a market cap of $20.79 billion, a P/E ratio of 278.26 and a beta of 0.64. The firm has a 50-day moving average of $91.06 and a 200 day moving average of $84.68. Quintiles Transitional Holdings Inc. has a 1-year low of $70.10 and a 1-year high of $99.95.

Quintiles Transitional Holdings (NYSE:Q) last announced its quarterly earnings data on Thursday, August 3rd. The medical research company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.04. Quintiles Transitional Holdings had a net margin of 0.82% and a return on equity of 14.23%. The company had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter in the prior year, the company posted $0.93 EPS. The business’s revenue was up 68.7% on a year-over-year basis. On average, analysts predict that Quintiles Transitional Holdings Inc. will post $4.58 EPS for the current year.

Quintiles Transitional Holdings declared that its Board of Directors has initiated a share repurchase plan on Wednesday, May 24th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the medical research company to reacquire up to 5.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

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Several research firms recently commented on Q. Barclays PLC reissued an “overweight” rating and issued a $98.00 target price (up previously from $90.00) on shares of Quintiles Transitional Holdings in a report on Monday, July 17th. William Blair raised Quintiles Transitional Holdings from a “market perform” rating to an “outperform” rating and increased their target price for the company from $70.10 to $93.42 in a report on Friday, August 4th. Jefferies Group LLC reissued a “hold” rating and issued a $94.00 target price on shares of Quintiles Transitional Holdings in a report on Friday, August 4th. Citigroup Inc. increased their target price on Quintiles Transitional Holdings from $96.00 to $97.00 and gave the company a “neutral” rating in a report on Monday, August 7th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $92.00 target price (up previously from $87.00) on shares of Quintiles Transitional Holdings in a report on Friday, August 4th. Eleven investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Quintiles Transitional Holdings presently has a consensus rating of “Buy” and an average target price of $90.25.

Several institutional investors have recently made changes to their positions in the stock. Fiduciary Trust Co. purchased a new stake in shares of Quintiles Transitional Holdings during the second quarter worth about $105,000. Global X Management Co. LLC boosted its stake in shares of Quintiles Transitional Holdings by 30.8% in the first quarter. Global X Management Co. LLC now owns 1,469 shares of the medical research company’s stock worth $118,000 after buying an additional 346 shares during the period. GWM Advisors LLC purchased a new stake in shares of Quintiles Transitional Holdings during the second quarter worth about $122,000. Korea Investment CORP boosted its stake in shares of Quintiles Transitional Holdings by 142.5% in the second quarter. Korea Investment CORP now owns 1,370 shares of the medical research company’s stock worth $123,000 after buying an additional 805 shares during the period. Finally, IFP Advisors Inc boosted its stake in shares of Quintiles Transitional Holdings by 187.1% in the first quarter. IFP Advisors Inc now owns 1,774 shares of the medical research company’s stock worth $143,000 after buying an additional 1,156 shares during the period. Institutional investors own 91.36% of the company’s stock.

Quintiles Transitional Holdings Company Profile

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:Q)

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