Cotiviti Holdings Inc (NYSE:COTV) CEO J Douglas Williams sold 30,000 shares of Cotiviti stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $33.22, for a total value of $996,600.00. Following the completion of the sale, the chief executive officer now directly owns 2,766,660 shares in the company, valued at $91,908,445.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

J Douglas Williams also recently made the following trade(s):

  • On Wednesday, December 13th, J Douglas Williams sold 31,547 shares of Cotiviti stock. The stock was sold at an average price of $31.98, for a total value of $1,008,873.06.
  • On Tuesday, November 28th, J Douglas Williams sold 8,364 shares of Cotiviti stock. The stock was sold at an average price of $31.71, for a total value of $265,222.44.
  • On Thursday, November 16th, J Douglas Williams sold 16,655 shares of Cotiviti stock. The stock was sold at an average price of $31.25, for a total value of $520,468.75.
  • On Tuesday, October 31st, J Douglas Williams sold 16,655 shares of Cotiviti stock. The stock was sold at an average price of $34.96, for a total value of $582,258.80.
  • On Monday, October 16th, J Douglas Williams sold 8,364 shares of Cotiviti stock. The stock was sold at an average price of $34.85, for a total value of $291,485.40.
  • On Tuesday, October 17th, J Douglas Williams sold 16,655 shares of Cotiviti stock. The stock was sold at an average price of $34.90, for a total value of $581,259.50.
  • On Monday, September 25th, J Douglas Williams sold 8,364 shares of Cotiviti stock. The stock was sold at an average price of $34.84, for a total value of $291,401.76.
  • On Tuesday, September 26th, J Douglas Williams sold 16,728 shares of Cotiviti stock. The stock was sold at an average price of $34.95, for a total value of $584,643.60.

Shares of Cotiviti Holdings Inc (NYSE COTV) opened at $33.16 on Monday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $3,060.00 and a price-to-earnings ratio of 33.84. Cotiviti Holdings Inc has a 1-year low of $30.84 and a 1-year high of $45.97.

Cotiviti (NYSE:COTV) last posted its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.01. The firm had revenue of $174.20 million for the quarter, compared to the consensus estimate of $174.01 million. Cotiviti had a return on equity of 13.61% and a net margin of 13.86%. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.36 EPS. research analysts forecast that Cotiviti Holdings Inc will post 1.41 earnings per share for the current fiscal year.

A number of equities analysts have weighed in on COTV shares. SunTrust Banks reissued a “buy” rating and set a $45.00 price objective on shares of Cotiviti in a research note on Friday, November 10th. Mitsubishi UFJ Financial Group started coverage on Cotiviti in a research note on Thursday, September 21st. They set an “overweight” rating and a $42.00 price objective on the stock. Zacks Investment Research lowered Cotiviti from a “hold” rating to a “sell” rating in a research note on Friday, November 3rd. BidaskClub raised Cotiviti from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Finally, Deutsche Bank began coverage on Cotiviti in a research note on Friday, December 8th. They set a “hold” rating and a $34.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $40.38.

Several hedge funds have recently bought and sold shares of COTV. FMR LLC boosted its position in shares of Cotiviti by 31.1% during the 2nd quarter. FMR LLC now owns 2,664,830 shares of the business services provider’s stock worth $98,972,000 after acquiring an additional 631,655 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Cotiviti by 18.0% during the 2nd quarter. Vanguard Group Inc. now owns 2,509,612 shares of the business services provider’s stock worth $93,207,000 after acquiring an additional 382,020 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Cotiviti by 5.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,087,341 shares of the business services provider’s stock worth $74,414,000 after acquiring an additional 99,100 shares in the last quarter. Eagle Asset Management Inc. boosted its position in shares of Cotiviti by 10.2% during the 2nd quarter. Eagle Asset Management Inc. now owns 1,904,283 shares of the business services provider’s stock worth $70,725,000 after acquiring an additional 176,870 shares in the last quarter. Finally, Brown Advisory Inc. boosted its position in shares of Cotiviti by 63.1% in the 3rd quarter. Brown Advisory Inc. now owns 1,351,344 shares of the business services provider’s stock valued at $48,621,000 after purchasing an additional 522,956 shares during the period. Hedge funds and other institutional investors own 86.18% of the company’s stock.

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About Cotiviti

Cotiviti Holdings, Inc is a provider of analytics-driven payment accuracy solutions. The Company focuses primarily on the healthcare sector. The Company operates through two segments: Healthcare, and Global Retail and Other. Through its Healthcare segment, the Company offers prospective and retrospective claims accuracy solutions to healthcare payers in the United States.

Insider Buying and Selling by Quarter for Cotiviti (NYSE:COTV)

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