Cotiviti Holdings Inc (NASDAQ:COTV)’s share price traded down 1.7% during mid-day trading on Wednesday . The company traded as low as $20.65 and last traded at $20.78, with a volume of 112,574 shares traded. The stock had previously closed at $21.15.

A number of equities analysts recently issued reports on the company. Credit Suisse Group AG assumed coverage on Cotiviti Holdings in a report on Monday, June 20th. They issued an “outperform” rating and a $25.00 target price on the stock. Goldman Sachs Group Inc. initiated coverage on Cotiviti Holdings in a research note on Monday, June 20th. They set a “buy” rating and a $25.00 price objective on the stock. Morgan Stanley initiated coverage on Cotiviti Holdings in a research note on Monday, June 20th. They set an “equal weight” rating on the stock. Royal Bank Of Canada initiated coverage on Cotiviti Holdings in a research note on Monday, June 20th. They set an “outperform” rating and a $25.00 price objective on the stock. Finally, William Blair initiated coverage on Cotiviti Holdings in a research note on Monday, June 20th. They set an “outperform” rating on the stock. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Cotiviti Holdings has an average rating of “Buy” and an average target price of $24.60.

The firm has a market capitalization of $1.89 billion and a PE ratio of 91.70. The stock’s 50 day moving average is $19.21 and its 200 day moving average is $19.21.

In other Cotiviti Holdings news, Director James E. Parisi purchased 5,000 shares of the stock in a transaction dated Thursday, May 26th. The shares were purchased at an average cost of $18.34 per share, with a total value of $91,700.00. Following the completion of the acquisition, the director now directly owns 5,000 shares in the company, valued at approximately $91,700. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Cotiviti Holdings, Inc is a provider of analytics-driven payment accuracy solutions. The Company is focused primarily on the healthcare sector. The Company’s integrated solutions help clients manage payment accuracy in healthcare environment. The Company operates in two segments: Healthcare, and Global Retail and Other.

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