Cotiviti Holdings Inc (COTV) CEO J Douglas Williams Sells 15,000 Shares

Cotiviti Holdings Inc (NYSE:COTV) CEO J Douglas Williams sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $33.88, for a total value of $508,200.00. Following the transaction, the chief executive officer now directly owns 2,769,996 shares in the company, valued at $93,847,464.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Wednesday, January 24th, J Douglas Williams sold 30,000 shares of Cotiviti stock. The stock was sold at an average price of $34.80, for a total value of $1,044,000.00.
  • On Friday, January 12th, J Douglas Williams sold 30,000 shares of Cotiviti stock. The stock was sold at an average price of $33.97, for a total value of $1,019,100.00.
  • On Thursday, December 21st, J Douglas Williams sold 30,000 shares of Cotiviti stock. The stock was sold at an average price of $33.22, for a total value of $996,600.00.
  • 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.

Shares of Cotiviti Holdings Inc (COTV) opened at $33.64 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.73. Cotiviti Holdings Inc has a twelve month low of $30.84 and a twelve month high of $45.97. The stock has a market capitalization of $3,134.07, a P/E ratio of 23.73, a price-to-earnings-growth ratio of 1.73 and a beta of 0.65.

Hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC increased its holdings in Cotiviti by 81.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,100 shares of the business services provider’s stock worth $132,000 after purchasing an additional 1,844 shares during the last quarter. Great West Life Assurance Co. Can increased its holdings in Cotiviti by 92.1% during the 3rd quarter. Great West Life Assurance Co. Can now owns 5,570 shares of the business services provider’s stock worth $198,000 after purchasing an additional 2,670 shares during the last quarter. Strategic Global Advisors LLC purchased a new stake in Cotiviti during the 3rd quarter worth approximately $200,000. First Quadrant L P CA purchased a new stake in Cotiviti during the 4th quarter worth approximately $254,000. Finally, Cigna Investments Inc. New purchased a new stake in Cotiviti during the 4th quarter worth approximately $264,000. Institutional investors own 87.06% of the company’s stock.

Several equities analysts recently commented on the company. Citigroup assumed coverage on Cotiviti in a research report on Thursday, January 4th. They set a “buy” rating on the stock. Zacks Investment Research lowered Cotiviti from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 2nd. Deutsche Bank assumed coverage on Cotiviti in a research report on Friday, December 8th. They set a “hold” rating and a $34.00 price target on the stock. SunTrust Banks reissued a “buy” rating and set a $45.00 price target on shares of Cotiviti in a research report on Friday, November 10th. Finally, BidaskClub lowered Cotiviti from a “hold” rating to a “sell” rating in a research report on Saturday, November 4th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $41.14.

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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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