Cotiviti Holdings Inc (NASDAQ:COTV) shares traded up 2.7% during mid-day trading on Monday . The stock traded as high as $24.25 and last traded at $23.54, with a volume of 151,697 shares. The stock had previously closed at $22.91.

Several research analysts have issued reports on the company. Royal Bank Of Canada assumed coverage on Cotiviti Holdings in a research note on Monday, June 20th. They set an “outperform” rating and a $25.00 price objective for the company. Robert W. Baird assumed coverage on Cotiviti Holdings in a research note on Monday, June 20th. They set an “outperform” rating and a $24.00 price objective for the company. William Blair assumed coverage on Cotiviti Holdings in a research note on Monday, June 20th. They set an “outperform” rating for the company. Barclays PLC began coverage on Cotiviti Holdings in a research note on Monday, June 20th. They set an “overweight” rating for the company. Finally, JPMorgan Chase & Co. began coverage on Cotiviti Holdings in a research note on Monday, June 20th. They issued an “overweight” rating for the company. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Cotiviti Holdings currently has an average rating of “Buy” and a consensus price target of $24.60.

The firm has a market capitalization of $2.10 billion and a P/E ratio of 101.78. The firm’s 50 day moving average price is $20.29 and its 200 day moving average price is $20.14.

In other news, Director James E. Parisi purchased 5,000 shares of Cotiviti Holdings stock in a transaction that occurred on Thursday, May 26th. The stock was acquired at an average cost of $18.34 per share, for a total transaction of $91,700.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $91,700. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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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