WebMD Health (WBMD) is Initiated by KeyBanc Capital Mkts to Overweight

WebMD Health (WBMD) is Initiated by KeyBanc Capital Mkts to Overweight , according to the research report released to the investors. The shares recommendation by the Brokerage Firm was released on Jan-5-2016.

WebMD Health Corp. is up 19.11% in the last 3-month period. Year-to-Date the stock performance stands at 22.12%.

WebMD Health Corp (NASDAQ:WBMD) has dropped 0.25% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 1.71% in the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 0.58% and the outperformance increases to 4.08% for the last 4 weeks.

Shares of WebMD Health Corp (NASDAQ:WBMD) ended Thursday session in red amid volatile trading. The shares closed down 1.04 points or 2.11% at $48.3 with 232,420 shares getting traded. Post opening the session at $48.93, the shares hit an intraday low of $48.3 and an intraday high of $49.26 and the price vacillated in this range throughout the day. The company has a market cap of $1,810 million and the number of outstanding shares have been calculated to be 37,479,746 shares. The 52-week high of WebMD Health Corp (NASDAQ:WBMD) is $49.88 and the 52-week low is $37.57.

Currently the company Insiders own 9% of WebMD Health Corp shares according to the proxy statements. Institutional Investors own 73.79% of WebMD Health Corp shares. During last six month period, the net percent change held by insiders has seen a change of -4.76%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Trotman Stanley S Jr, director of Webmd Health Corp., unloaded 7,925 shares at an average price of $42.79 on August 17, 2015. The total amount of the transaction was worth $339,111, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

WebMD Health Corp. is a provider of health information services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications. It engages consumers, physicians and other healthcare professionals across a multi-screen experience, allowing them to enable health decisions anytime and anywhere. In October 2013, WebMD Health Corp. acquired Avado, Inc.