Medidata Solutions, Inc. (MDSO) Files Form 4 Insider Selling : Vries Glen Michael De Sells 7,500 Shares

Medidata Solutions, Inc. (MDSO): Vries Glen Michael De , President of Medidata Solutions, Inc. sold 7,500 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $53.70 per share for a total value of $402,750.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 9, 2016, Steven Isaac Hirschfeld (Vice Chairman) sold 10,000 shares at $55.85 per share price.On Sep 7, 2016, Tarek Sherif (Chairman & CEO) sold 7,500 shares at $54.33 per share price.Also, On Aug 31, 2016, Michael I. Otner (EVP-General Counsel) sold 6,006 shares at $53.92 per share price.On Aug 29, 2016, Vries Glen Michael De (President) sold 25,000 shares at $55.00 per share price.

Medidata Solutions Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in Medidata Solutions Inc which led to swings in the share price. The shares opened for trading at $53.19 and hit $54.02 on the upside , eventually ending the session at $53.905, with a gain of 0.44% or 0.235 points. The heightened volatility saw the trading volume jump to 386,667 shares. The 52-week high of the share price is $56.27 and the company has a market cap of $3,099 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 Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jul 21, 2016.Medidata Solutions Inc is Resumed by Needham to Buy and the brokerage firm has set the Price Target at $55. The Rating was issued on Jul 11, 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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