Cotiviti Holdings Inc (NASDAQ:COTV) hit a new 52-week high during trading on Friday . The stock traded as high as $24.27 and last traded at $23.77, with a volume of 139,834 shares trading hands. The stock had previously closed at $23.20.

Several equities research analysts recently commented on COTV shares. SunTrust Banks Inc. started coverage on Cotiviti Holdings in a research report on Monday, June 20th. They set a “buy” rating and a $24.00 target price on the stock. Credit Suisse Group AG restated a “buy” rating and set a $25.00 target price on shares of Cotiviti Holdings in a research report on Thursday, July 7th. Goldman Sachs Group Inc. started coverage on Cotiviti Holdings in a research report on Monday, June 20th. They set a “buy” rating and a $25.00 target price on the stock. Morgan Stanley started coverage on Cotiviti Holdings in a research report on Monday, June 20th. They set an “equal weight” rating on the stock. Finally, Citigroup Inc. started coverage on Cotiviti Holdings in a research report on Monday, June 20th. They set a “neutral” rating on the stock. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $24.60.

The firm has a 50-day moving average price of $20.70 and a 200-day moving average price of $20.40. The stock has a market cap of $2.15 billion and a price-to-earnings ratio of 104.22.

In other news, Director James E. Parisi bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, May 26th. The stock was bought at an average price of $18.34 per share, with a total value of $91,700.00. Following the acquisition, the director now owns 5,000 shares of the company’s stock, valued at approximately $91,700. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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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