Insider Selling: Teladoc Health Inc (TDOC) Insider Sells $86,364.85 in Stock

Teladoc Health Inc (NYSE:TDOC) insider Lewis Levy sold 1,285 shares of the stock in a transaction on Friday, February 15th. The stock was sold at an average price of $67.21, for a total value of $86,364.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Lewis Levy also recently made the following trade(s):

  • On Tuesday, January 15th, Lewis Levy sold 1,284 shares of Teladoc Health stock. The stock was sold at an average price of $57.00, for a total value of $73,188.00.
  • On Monday, December 17th, Lewis Levy sold 640 shares of Teladoc Health stock. The stock was sold at an average price of $50.00, for a total value of $32,000.00.

NYSE TDOC traded up $0.90 during trading hours on Friday, reaching $69.15. 814,756 shares of the stock traded hands, compared to its average volume of 910,280. Teladoc Health Inc has a 1 year low of $36.60 and a 1 year high of $89.05. The company has a quick ratio of 8.99, a current ratio of 8.99 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $4.78 billion, a price-to-earnings ratio of -41.91 and a beta of 1.47.

TDOC has been the topic of a number of recent analyst reports. Chardan Capital increased their price objective on Teladoc Health from $98.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, November 2nd. Jefferies Financial Group set a $95.00 price objective on Teladoc Health and gave the stock a “buy” rating in a research report on Friday, November 2nd. Zacks Investment Research upgraded Teladoc Health from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research report on Saturday, January 5th. Cantor Fitzgerald reiterated a “hold” rating and issued a $83.00 price objective on shares of Teladoc Health in a research report on Monday, January 7th. Finally, Robert W. Baird upgraded Teladoc Health from a “neutral” rating to an “outperform” rating and set a $80.00 price objective on the stock in a research report on Monday, January 14th. They noted that the move was a valuation call. Four research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Teladoc Health currently has a consensus rating of “Buy” and a consensus target price of $83.84.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Handelsinvest Investeringsforvaltning raised its position in Teladoc Health by 153.9% during the fourth quarter. Handelsinvest Investeringsforvaltning now owns 50,775 shares of the health services provider’s stock valued at $2,517,000 after purchasing an additional 30,775 shares in the last quarter. Essex Investment Management Co. LLC purchased a new stake in Teladoc Health during the fourth quarter valued at about $5,802,000. Green Valley Investors LLC purchased a new stake in Teladoc Health during the third quarter valued at about $18,918,000. Bank of New York Mellon Corp raised its position in Teladoc Health by 11.8% during the third quarter. Bank of New York Mellon Corp now owns 525,875 shares of the health services provider’s stock valued at $45,410,000 after purchasing an additional 55,522 shares in the last quarter. Finally, Motley Fool Wealth Management LLC raised its position in Teladoc Health by 63.4% during the third quarter. Motley Fool Wealth Management LLC now owns 155,996 shares of the health services provider’s stock valued at $13,470,000 after purchasing an additional 60,525 shares in the last quarter.

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About Teladoc Health

Teladoc Health, Inc provides telehealth services worldwide. It offers a portfolio of services and solutions covering 450 medical subspecialties, such as flu and upper respiratory infections, cancer, and congestive heart failure. The company provides its services through mobile devices, the Internet, video, and phone.

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Insider Buying and Selling by Quarter for Teladoc Health (NYSE:TDOC)

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