Cotiviti Holdings Inc (NASDAQ:COTV)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $22.95 and last traded at $22.73, with a volume of 325,565 shares. The stock had previously closed at $22.70.

A number of brokerages recently weighed in on COTV. Royal Bank Of Canada began coverage on shares of Cotiviti Holdings in a report on Monday, June 20th. They issued an “outperform” rating and a $25.00 price target on the stock. Robert W. Baird began coverage on shares of Cotiviti Holdings in a report on Monday, June 20th. They issued an “outperform” rating and a $24.00 price target on the stock. Goldman Sachs Group Inc. began coverage on shares of Cotiviti Holdings in a report on Monday, June 20th. They issued a “buy” rating and a $25.00 price target on the stock. JPMorgan Chase & Co. began coverage on shares of Cotiviti Holdings in a report on Monday, June 20th. They issued an “overweight” rating on the stock. Finally, Barclays PLC began coverage on shares of Cotiviti Holdings in a report on Monday, June 20th. They issued an “overweight” rating on the stock. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $24.60.

The company’s 50 day moving average is $19.86 and its 200-day moving average is $19.86. The firm has a market cap of $2.05 billion and a price-to-earnings ratio of 99.26.

In other news, Director James E. Parisi acquired 5,000 shares of the business’s stock in a transaction dated Thursday, May 26th. The shares were acquired 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 owns 5,000 shares of the company’s stock, valued at $91,700. The acquisition was disclosed in a legal 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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