Hms Holdings Corp (HMSY): William C Lucia , Chairman, President and CEO of Hms Holdings Corp sold 152,025 shares on Jun 20, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $17.79 per share for a total value of $2,698,260.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 10, 2016, Richard H Stowe (director) sold 20,000 shares at $18.11 per share price.On Jun 7, 2016, Cynthia Nustad (EVP, Chief Information Officer) sold 10,995 shares at $17.85 per share price.Also, On Jun 3, 2016, Semone Neuman (EVP, Operations) sold 5,124 shares at $17.60 per share price.On Jun 3, 2016, Robert M Holster (director) sold 20,000 shares at $17.58 per share price.
Shares of HMS Holdings Corp (HMSY) ended Monday, Jun 20, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.17% at $17.93 with 5,12,958 shares getting traded. Post opening the session at $18.2, the shares hit an intraday low of $17.74 and an intraday high of $18.28 and the price vacillated in this range throughout the day. The company has a market cap of $1,509 M and the number of outstanding shares has been calculated to be 8,41,55,107 shares. The 52-week high of HMS Holdings Corp is $18.295 and the 52-week low is $8.11.
Company has been under the radar of several Street Analysts.HMS Holdings Corp is Initiated by Credit Suisse to Outperform and the brokerage firm has set the Price Target at $19. The Rating was issued on Jun 1, 2016.HMS Holdings Corp is Initiated by Avondale to Mkt Outperform. The Rating was issued on Apr 13, 2016.
HMS Holdings Corp. is a holding company. The Company through its subsidiaries operates in the United States healthcare insurance benefit cost containment marketplace. The Company provides coordination of benefits services to government and private healthcare payers and sponsors. The Companys customers are government health agencies including Centers for Medicare & Medicaid Services (CMS) the Veterans Health Administration (VHA) and state Medicaid agencies; commercial health plans including Medicaid managed care Medicare Advantage and group and individual health lines of business; government and private employers; child support agencies and other healthcare payers and sponsors. As of December 31 2014 the Company also provided services to approximately 220 commercial customers and supported their multiple lines of business including Medicaid managed care Medicare Advantage and group and individual health.