Cotiviti (COTV) is Initiated by Raymond James to “Mkt Perform”

Cotiviti (COTV) was Initiated by Raymond James to “Mkt Perform”. Raymond James advised their Clients and Investors in a research report released on Mar 3, 2017.

Based on several research reports , Cotiviti was Initiated by Raymond James to “Mkt Perform” on Mar 3, 2017. Cotiviti was Initiated by Raymond James to “Mkt Perform” on Mar 3, 2017. Cotiviti was Downgraded by Goldman to ” Neutral” on Jan 20, 2017.

On the company’s financial health, Cotiviti reported $0.39 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Feb 22, 2017. Analyst had a consensus of $0.34. The company had revenue of $167.90 million for the quarter, compared to analysts expectations of $161.50 million. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.

Several company insiders have filed Insider transactions , on Feb 24, 2017, Jonathan Olefson (SVP, Gen. Counsel, Secretary) sold 5,000 shares at $39.00 per share price. According to the SEC, on Feb 17, 2017, Douglas Present (director) sold 15,000 shares at $36.24 per share price.

Cotiviti closed down -1.48 points or -3.82% at $37.26 with 5,15,894 shares getting traded on Monday. Post opening the session at $37.71, the shares hit an intraday low of $36.675 and an intraday high of $38.24 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Cotiviti

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