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

A number of equities research analysts have issued reports on COTV shares. Royal Bank Of Canada initiated coverage on shares of Cotiviti Holdings in a research note on Monday, June 20th. They set an “outperform” rating and a $25.00 target price on the stock. Robert W. Baird began coverage on shares of Cotiviti Holdings in a research report on Monday, June 20th. They set an “outperform” rating and a $24.00 price target for the company. Goldman Sachs Group Inc. began coverage on shares of Cotiviti Holdings in a research report on Monday, June 20th. They set a “buy” rating and a $25.00 price target for the company. JPMorgan Chase & Co. began coverage on shares of Cotiviti Holdings in a research report on Monday, June 20th. They set an “overweight” rating for the company. Finally, Barclays PLC began coverage on shares of Cotiviti Holdings in a research report on Monday, June 20th. They set 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 stock. Cotiviti Holdings currently has a consensus rating of “Buy” and an average price target of $24.60.

The stock has a market capitalization of $2.15 billion and a PE ratio of 104.22. The stock has a 50 day moving average price of $20.70 and a 200 day moving average price of $20.40.

In related news, Director James E. Parisi bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, May 26th. The stock was bought at an average cost of $18.34 per share, with a total value of $91,700.00. Following the completion of the purchase, 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 accessible through 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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