Medidata Solutions, Inc. (MDSO) Files Form 4 Insider Selling : Neil M Kurtz Sells 5,937 Shares

Medidata Solutions, Inc. (MDSO): Neil M Kurtz , director of Medidata Solutions, Inc. sold 5,937 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $44.96 per share for a total value of $266,883.38 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Steven Isaac Hirschfeld (Vice Chairman) sold 10,000 shares at $44.94 per share price.On May 26, 2016, Vries Glen Michael De (President) sold 7,500 shares at $45.00 per share price.Also, On May 26, 2016, Tarek Sherif (Chairman & CEO) sold 7,500 shares at $45.00 per share price.On Apr 27, 2016, Eileen Schloss (EVP, HUMAN RESOURCES) sold 68,717 shares at $46.53 per share price.

Medidata Solutions Inc: On Wednesday, May 25, 2016 heightened volatility was witnessed in Medidata Solutions Inc which led to swings in the share price. The shares opened for trading at $44.91 and hit $45.42 on the upside , eventually ending the session at $44.84, with a gain of 0.49% or 0.22 points. The heightened volatility saw the trading volume jump to 3,71,465 shares. The 52-week high of the share price is $61.308 and the company has a market cap of $2,569 M . The 52-week low of the share price is at $30.22.

Medidata Solutions Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Medidata Solutions Inc is Downgraded by Jefferies to Underperform. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Apr 26, 2016.Medidata Solutions Inc is Initiated by Leerink Partners to Mkt Perform. The Rating was issued on Apr 26, 2016.Medidata Solutions Inc is Reiterated by Topeka Capital Markets to Buy and the brokerage firm has raised the Price Target to $ 51 from a previous price target of $44 .The Rating was issued on Apr 22, 2016.Medidata Solutions Inc is Reiterated by Needham to Buy and the brokerage firm has raised the Price Target to $ 57 from a previous price target of $45 .The Rating was issued on Apr 22, 2016.Medidata Solutions Inc is Reiterated by Topeka Capital Markets to Buy and the brokerage firm has raised the Price Target to $ 44 from a previous price target of $42 .The Rating was issued on Apr 5, 2016.

Medidata Solutions Inc. (Medidata) provides cloud-based solutions for life sciences. The Company’s solutions are Medidata Rave an electronic data capture (EDC) and clinical data management system (CDMS) solution; Medidata CTMS a clinical trial management solution; Medidata Designer a protocol design tool; Medidata Insights which offer clinical business analytics and metrics; Medidata Balance a randomization and trial supply management solution; Medidata Patient Cloud an electronic patient-reported outcome (ePRO) application; Medidata Grants Manager which develops and manages trial budgets; Medidata contract research organizations (CRO) Contractor an analytics tool; Medidata SQM a set of cloud-based site quality management dashboards; Medidata Coder a medical coding and synonym management solution; Medidata Safety Gateway which collects and transmits events and related data from the EDC system and Medidata Targeted SDV which implements risk-based monitoring strategies.

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Medidata Solutions Inc - Is it time to Sell?

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