November 30, 2016 - By Marguerite Chambers
James Manning; that is an insider in Webmd Health Corp who is the latest to sell shares in the company for which he is right now a director. James not a long ago made a sale of 38,916 shares of the company, with market value of approximately $2,083,352 U.S Dollars, that is a price-per-share of approximately $53.5. This deal was reported on November 30, 2016 and is already filed with the U.S. Security and Exchange Commission. The source report is free at your disposal to the public here. Currently, Mr. James, has 107,623 shares, which accounts for 0.29% of the Company’s market cap. The insider’s activity definitely generated quite an interest in the stock community.
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 16.24% above today’s ($53.34) stock price. WebMD Health has been the topic of 19 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by SunTrust on Thursday, May 12. Mizuho maintained WebMD Health Corp. (NASDAQ:WBMD) on Monday, September 19 with “Buy” rating. The stock of WebMD Health Corp. (NASDAQ:WBMD) earned “Neutral” rating by SunTrust on Monday, January 11. The firm earned “Market Perform” rating on Friday, June 3 by William Blair. The stock has “Buy” rating given by SunTrust on Thursday, October 6. The stock of WebMD Health Corp. (NASDAQ:WBMD) earned “Buy” rating by Suntrust Robinson on Thursday, May 12. The rating was initiated by KeyBanc Capital Markets with “Overweight” on Tuesday, January 5. As per Wednesday, November 4, the company rating was upgraded by Stifel Nicolaus. Citigroup maintained the stock with “Neutral” rating in Tuesday, August 9 report. RBC Capital Markets maintained the shares of WBMD in a report on Wednesday, February 24 with “Outperform” rating.
Insitutional Activity: The institutional sentiment decreased to 1.06 in Q2 2016. Its down 0.45, from 1.51 in 2016Q1. The ratio turned 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.
Gam Holdg Ag has 0.02% invested in the company for 26,662 shares. The Colorado-based Advisors Asset has invested 0% in WebMD Health Corp. (NASDAQ:WBMD). Polar Capital Ltd Liability Partnership has 0.04% invested in the company for 40,400 shares. Dimensional Fund Advsr Lp, a Texas-based fund reported 808,524 shares. Prudential Financial Inc has 0% invested in the company for 45,779 shares. Highvista Strategies Limited holds 0.57% of its portfolio in WebMD Health Corp. (NASDAQ:WBMD) for 51,375 shares. Wells Fargo & Mn accumulated 51,402 shares or 0% of the stock. Balyasny Asset Ltd Com has 4,964 shares for 0% of their US portfolio. Old Mutual Invsts (Uk) has invested 0.1% of its portfolio in WebMD Health Corp. (NASDAQ:WBMD). Manufacturers Life Ins The accumulated 0.01% or 76,208 shares. The Kansas-based Creative Planning has invested 0% in WebMD Health Corp. (NASDAQ:WBMD). Fifth Third National Bank holds 200 shares or 0% of its portfolio. The Minnesota-based Jnba Fincl Advisors has invested 0% in WebMD Health Corp. (NASDAQ:WBMD). Pier Cap Limited Liability Company accumulated 90,976 shares or 0.96% of the stock. Alps Advsrs Incorporated accumulated 0% or 6,842 shares.
Insider Transactions: Since November 17, 2016, the stock had 0 insider buys, and 2 insider sales for $6.35 million net activity. On Wednesday, November 23 Wamsley Douglas W sold $1.50M worth of the stock or 27,953 shares. WYGOD MARTIN J had sold 89,843 shares worth $4.85 million on Thursday, November 17.
The stock decreased 0.26% or $0.14 during the last trading session, hitting $53.34. About 2.04 million shares traded hands or 176.17% up from the average. WebMD Health Corp. (NASDAQ:WBMD) has declined 14.68% since April 27, 2016 and is downtrending. It has underperformed by 19.90% the S&P500.
WebMD Health Corp. is a provider of health information services. The company has a market cap of $2.06 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 30.1 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 $25.88 million for 19.90 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 news for WebMD Health Corp. (NASDAQ:WBMD) were recently published by: Prnewswire.com, which released: “WebMD Health Corp. Announces Commencement Of Tender Offer To Repurchase Up To ..” on November 16, 2016. Prnewswire.com‘s article titled: “WebMD Health Corp. Announces Intention To Commence Tender Offer To Repurchase ..” and published on November 14, 2016 is yet another important article.
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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