3 days Ago By ABMN Staff
Teladoc Health, Inc. ( NYSE:TDOC – Get Free Report ) Director Thomas Mckinley purchased 4,000 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were purchased at an average price of $7.
69 per share, with a total value of $30,760.00. Following the completion of the transaction, the director now directly owns 39,077 shares of the company’s stock, valued at approximately $300,502.
13. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Thomas Mckinley also recently made the following trade(s): Teladoc Health Price Performance Shares of TDOC opened at $8.
09 on Monday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.
66 and a quick ratio of 1.62. The stock has a market cap of $1.
39 billion, a PE ratio of -5.74 and a beta of 0.90.
The firm has a 50-day simple moving average of $8.07 and a two-hundred day simple moving average of $11.07.
Teladoc Health, Inc. has a 1-year low of $6.76 and a 1-year high of $22.
54. Analysts Set New Price Targets A number of equities research analysts have recently commented on TDOC shares. Truist Financial reduced their target price on shares of Teladoc Health from $15.
00 to $10.00 and set a “hold” rating for the company in a research report on Friday, August 2nd. Stifel Nicolaus cut their price objective on shares of Teladoc Health from $16.
00 to $9.00 and set a “hold” rating for the company in a report on Thursday, August 1st. TD Cowen lowered their target price on Teladoc Health from $15.
00 to $9.00 and set a “hold” rating on the stock in a report on Thursday, August 1st. Oppenheimer dropped their price target on Teladoc Health from $21.
00 to $17.00 and set an “outperform” rating for the company in a research report on Thursday, August 1st. Finally, Piper Sandler reduced their price objective on Teladoc Health from $25.
00 to $10.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 6th. Fourteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company.
According to MarketBeat, Teladoc Health currently has an average rating of “Hold” and an average target price of $12.44. View Our Latest Stock Report on TDOC Hedge Funds Weigh In On Teladoc Health Hedge funds have recently bought and sold shares of the company.
Rubric Capital Management LP acquired a new position in Teladoc Health in the 2nd quarter valued at about $45,267,000. Point72 Asset Management L.P.
boosted its stake in shares of Teladoc Health by 221.9% in the second quarter. Point72 Asset Management L.
P. now owns 5,303,123 shares of the health services provider’s stock valued at $51,865,000 after purchasing an additional 3,655,436 shares during the period. Clearline Capital LP boosted its stake in shares of Teladoc Health by 395.
6% in the second quarter. Clearline Capital LP now owns 4,364,201 shares of the health services provider’s stock valued at $42,682,000 after purchasing an additional 3,483,665 shares during the period. Vanguard Group Inc.
grew its holdings in shares of Teladoc Health by 11.8% in the fourth quarter. Vanguard Group Inc.
now owns 17,515,127 shares of the health services provider’s stock valued at $377,451,000 after purchasing an additional 1,855,480 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Teladoc Health by 25.0% during the 4th quarter.
Dimensional Fund Advisors LP now owns 3,834,422 shares of the health services provider’s stock worth $82,636,000 after buying an additional 767,999 shares during the period. Institutional investors and hedge funds own 76.82% of the company’s stock.
Teladoc Health Company Profile ( Get Free Report ) Teladoc Health, Inc provides virtual healthcare services worldwide. The company operates through Teladoc Health Integrated Care and BetterHelp segments. The Integrated Care segment offers virtual medical services, including general medical, expert medical, specialty medical, chronic condition management, and mental health, as well as enabling technologies and enterprise telehealth solutions for hospitals and health systems.
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