Teladoc, Inc. (TDOC) Files Form 4 Insider Selling : James K Outland Sells 10,000 Shares

Teladoc, Inc. (TDOC): James K Outland , director of Teladoc, Inc. sold 10,000 shares on Jun 29, 2016. The Insider selling transaction was reported by the company on Jul 1, 2016 to the Securities and Exchange Commission. The shares were sold at $15.00 per share for a total value of $150,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 1, 2016, Jason N Gorevic (President & CEO) sold 5,000 shares at $15.01 per share price.On Mar 18, 2016, James K Outland (director) purchased 10,000 shares at $10.70 per share price.Also, On Mar 18, 2016, Dana G Jr. Mead (director) purchased 10,000 shares at $10.65 per share price.On Mar 18, 2016, Martin R Felsenthal (director) purchased 9,900 shares at $10.61 per share price.

Teladoc Inc: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Teladoc Inc which led to swings in the share price. The shares opened for trading at $14.58 and hit $16.3 on the upside , eventually ending the session at $15.93, with a gain of 9.26% or 1.35 points. The heightened volatility saw the trading volume jump to 13,98,123 shares. The 52-week high of the share price is $35.42 and the company has a market cap of $617 M . The 52-week low of the share price is at $9.08.

Teladoc Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Teladoc Inc is Initiated by Piper Jaffray to Overweight. The Rating was issued on May 26, 2016.

Teladoc Inc. is a telehealth company. The Company offers an on-demand healthcare platform through mobile devices Internet video and phone. Its solution connects consumers with physicians and behavioral health professionals or its providers who treat various conditions and cases from acute diagnoses such as upper respiratory infection urinary tract infection and sinusitis to dermatological conditions anxiety and smoking cessation. The Teladoc solution enables accessing on-demand healthcare for employers health plans and health systems. Its platform provides accessing physicians clinical programs and consumer engagement strategies. Its platform provides for interconnectivity between healthcare constituents. It offers solutions such as remote patient monitoring post-discharge treatment plan adherence and in-home and chronic care. Its customers also include channel partners such as brokers resellers and consultants who sell into a range of small medium and large enterprises.

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