John Connaughton Sells 1,163,191 Shares of Iqvia Holdings Inc (IQV) Stock
Iqvia Holdings Inc (NYSE:IQV) Director John Connaughton sold 1,163,191 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $102.00, for a total transaction of $118,645,482.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
John Connaughton also recently made the following trade(s):
- On Tuesday, September 19th, John Connaughton sold 1,030,429 shares of Iqvia stock. The stock was sold at an average price of $94.87, for a total transaction of $97,756,799.23.
Iqvia Holdings Inc (IQV) opened at $101.00 on Wednesday. Iqvia Holdings Inc has a fifty-two week low of $74.73 and a fifty-two week high of $110.67. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $21,526.60, a P/E ratio of 23.35, a P/E/G ratio of 1.68 and a beta of 0.61.
Iqvia (NYSE:IQV) last issued its quarterly earnings results on Thursday, October 26th. The medical research company reported $1.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.14 by $0.05. Iqvia had a net margin of 0.58% and a return on equity of 12.60%. The company had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter in the prior year, the company earned $1.00 EPS. Iqvia’s quarterly revenue was up 77.6% on a year-over-year basis. analysts expect that Iqvia Holdings Inc will post 4.62 earnings per share for the current year.
A number of equities analysts have commented on IQV shares. Barclays boosted their target price on shares of Iqvia from $100.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, October 27th. Morgan Stanley boosted their target price on shares of Iqvia from $96.00 to $121.00 and gave the stock an “overweight” rating in a report on Thursday, November 9th. KeyCorp reiterated a “sector weight” rating and issued a $100.00 target price on shares of Iqvia in a report on Friday, November 10th. Zacks Investment Research upgraded shares of Iqvia from a “hold” rating to a “buy” rating and set a $121.00 price objective on the stock in a report on Tuesday, October 31st. Finally, SunTrust Banks restated a “hold” rating and set a $114.00 price objective on shares of Iqvia in a report on Friday, November 3rd. Nine equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $105.23.
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Iqvia Company Profile
IQVIA Holdings Inc, formerly Quintiles IMS 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.
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