Insider Market Move: The Insider and Exec VP – Co-Gen Counsel & Secy of WebMD Health Corp. (NASDAQ:WBMD), Douglas Wamsley, Unloaded 27,953 Shares

November 28, 2016 - By Vivian Park

Insider Market Move: The Insider and Exec VP   Co Gen Counsel & Secy of WebMD Health Corp. (NASDAQ:WBMD), Douglas Wamsley, Unloaded 27,953 Shares

Douglas Wamsley Insider Sell

Exec VP – Co-Gen Counsel & Secy, Douglas Wamsley is the Webmd Health Corp’s insider which made a sale of shares of Webmd Health Corp, 27,953 to be precise. The unloaded shares were estimated based on $53.8, with Douglas Wamsley’s transaction having a market value near $1,503,592 U.S. Dollars. Douglas Wamsley now possess 44,177 shares or 0.12% of Webmd Health Corp’s market cap.

WebMD Health Corp. (NASDAQ:WBMD) Ratings Coverage

Out of 10 analysts covering WebMD Health (NASDAQ:WBMD), 6 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 60% are positive. $72 is the highest target while $52 is the lowest. The $62 average target is 15.76% above today’s ($53.56) stock price. WebMD Health has been the topic of 19 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The rating was initiated by KeyBanc Capital Markets with “Overweight” on Tuesday, January 5. The stock of WebMD Health Corp. (NASDAQ:WBMD) has “Buy” rating given on Monday, September 19 by Mizuho. Stifel Nicolaus upgraded WebMD Health Corp. (NASDAQ:WBMD) on Wednesday, November 4 to “Buy” rating. SunTrust upgraded the shares of WBMD in a report on Thursday, May 12 to “Buy” rating. The rating was upgraded by Suntrust Robinson on Thursday, May 12 to “Buy”. The rating was upgraded by Cowen & Co on Wednesday, September 16 to “Outperform”. SunTrust downgraded WebMD Health Corp. (NASDAQ:WBMD) on Monday, January 11 to “Neutral” rating. On Tuesday, December 8 the stock rating was downgraded by RBC Capital Markets to “Outperform”. KeyBanc Capital Markets maintained WebMD Health Corp. (NASDAQ:WBMD) on Tuesday, August 16 with “Overweight” rating. The firm earned “Market Perform” rating on Friday, June 3 by William Blair.

Insitutional Activity: The institutional sentiment decreased to 1.06 in Q2 2016. Its down 0.45, from 1.51 in 2016Q1. The ratio is negative, as 36 funds sold all WebMD Health Corp. shares owned while 59 reduced positions. 66 funds bought stakes while 77 increased positions. They now own 31.91 million shares or 9.67% more from 29.09 million shares in 2016Q1.

Ahl Prtnrs Llp last reported 12,964 shares in the company. The Texas-based Texas Permanent School Fund has invested 0.02% in WebMD Health Corp. (NASDAQ:WBMD). The California-based Wells Fargo & Company Mn has invested 0% in WebMD Health Corp. (NASDAQ:WBMD). State Of Tennessee Treasury Department owns 30,000 shares or 0.01% of their US portfolio. Smith Asset Management Grp Inc Limited Partnership holds 0.1% or 55,490 shares in its portfolio. Copper Rock Capital Ptnrs Lc last reported 1.37% of its portfolio in the stock. Commercial Bank Of New York Mellon owns 645,207 shares or 0.01% of their US portfolio. Mycio Wealth Ptnrs Limited Liability accumulated 0% or 103 shares. Usa Finance Portformulas last reported 9,110 shares in the company. Weiss Multi holds 71,797 shares or 0.32% of its portfolio. Amer Rech And Mgmt holds 0% of its portfolio in WebMD Health Corp. (NASDAQ:WBMD) for 90 shares. Ls Invest Lc last reported 2,313 shares in the company. Maverick Limited last reported 48,370 shares in the company. Teachers last reported 0.01% of its portfolio in the stock. Nationwide Fund Advsr last reported 0.03% of its portfolio in the stock.

Insider Transactions: Since November 17, 2016, the stock had 0 buys, and 1 sale for $4.85 million net activity. WYGOD MARTIN J sold $4.85M worth of WebMD Health Corp. (NASDAQ:WBMD) on Thursday, November 17.

About 2.10M shares traded hands or 228.23% up from the average. WebMD Health Corp. (NASDAQ:WBMD) has declined 14.98% since April 25, 2016 and is downtrending. It has underperformed by 20.99% the S&P500.

WebMD Health Corp. is a provider of health information services. The company has a market cap of $2.07 billion. The Firm provides its services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications. It has a 30.23 P/E ratio. The WebMD Health Network includes: www.WebMD.com, its primary public portal for clients and related mobile-optimized sites and mobile apps; www.Medscape.com, its primary public portal for physicians and other healthcare professionals and related mobile services; and other sites through which, the Company provides its branded health and wellness content, tools and services.

According to Zacks Investment Research, “WebMD announced today that is has signed an agreement to acquire Conceptis Technologies Inc., a Montreal-based provider of online and offline medical education and promotion aimed at physicians and other healthcare professionals. Conceptis has been successful in developing a strong online presence in the cardiology community and is highly respected for the depth and breadth of content contained on its flagship. With the combination of two of the leading cardiology channels on the Internet, Medscape Cardiology and www.theheart.org, WebMD is well positioned to further its lead and penetration in this high value segment of medical marketing.”

Analysts await WebMD Health Corp. (NASDAQ:WBMD) to report earnings on February, 28. They expect $0.67 EPS, up 11.67% or $0.07 from last year’s $0.6 per share. WBMD’s profit will be $25.89M for 19.99 P/E if the $0.67 EPS becomes a reality. After $0.47 actual EPS reported by WebMD Health Corp. for the previous quarter, Wall Street now forecasts 42.55% EPS growth.

More recent WebMD Health Corp. (NASDAQ:WBMD) news were published by: Prnewswire.com which released: “WebMD Health Corp. Announces Commencement Of Tender Offer To Repurchase Up To ..” on November 16, 2016. Also Prnewswire.com published the news titled: “WebMD Health Corp. Announces Intention To Commence Tender Offer To Repurchase ..” on November 14, 2016. Nasdaq.com‘s news article titled: “WebMD Health Corp. Reveals 64% Advance In Q3 Bottom Line” with publication date: November 02, 2016 was also an interesting one.

WBMD Company Profile

WebMD Health Corp., incorporated on May 3, 2005, is a well-known provider of health information services. The Firm provides its services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications. The WebMD Health Network includes: www.WebMD.com, its primary public portal for clients and related mobile-optimized sites and mobile apps; www.Medscape.com, its primary public portal for physicians and other healthcare professionals and related mobile services; and other sites through which, the Company provides its branded health and wellness content, tools and services.

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