Anthem, Inc. (NYSE:ANTM) Insider Sells $4161625.00 in Stock

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108.28 million shares or 2.14% more from 106.01 million shares in 2016Q3 were reported. Cambridge Investment Research Advisors Inc. purchased a new position in Anthem in the second quarter valued at $5,065,000.

The most recent open market insider trade was Automatic Sell of 21,125 shares on a day where the closing price was 196.45. FTB Advisors Inc. lifted its holdings in Anthem by 11.1% in the 1st quarter. In the past 3-month period alone, shares of ANTM have appreciated +2.50 - or +1.34%. Neuberger Berman Group LLC now owns 448,741 shares of the company's stock valued at $84,422,000 after buying an additional 1,609 shares in the last quarter. The Beta factor for the stock is listed at 0.74. This forecast is a point estimate that provides investors with a benchmark against which to directly compare stock price in the short run.Target prices made by analysts employed by large brokers, who have access to a greater resource pool, are more likely to be met over the 12-month forecast period.

A number of research firms have weighed in on ANTM. Anthem presently has a consensus rating of "Buy" and an average price target of $183.94. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. Citigroup Inc. boosted their price objective on shares of Anthem from $151.00 to $172.00 and gave the stock a "buy" rating in a research note on Monday, January 23rd. BidaskClub cut shares of Anthem from a "buy" rating to a "hold" rating in a research note on Monday, July 31st. Credit Suisse Group started coverage on shares of Anthem in a research note on Wednesday, July 12th. The stock closing price is now trading upward to its 50 day moving average with change of 15.19%, escalated to its 20 day moving average with figure of 7.20% and above its 200 day moving average with value 14.78%. (ANTM) most recent 13F filing, the company has 106 new institutional holders - accounting for 2.5 million shares of its common stock. The firm has "Buy" rating given on Tuesday, May 30 by RBC Capital Markets.

ILLEGAL ACTIVITY WARNING: This report was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this article on another domain, it was illegally copied and republished in violation of United States & worldwide copyright and trademark legislation. The original version of this report can be read at (NYSE ANTM) traded up 0.05% during mid-day trading on Wednesday, hitting $189.34. There has been an observed change of -43.80% in the ownership of the shares in the past six months.

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Before trading, trader, investor or shareholder must have an eye on stock's historical performance. Piper Jaffray initiated Anthem Inc (NYSE:ANTM) on Wednesday, January 4 with "Neutral" rating. During the same quarter in the previous year, the business posted $3.33 EPS.

EPS Estimate for the next Quarter is 2.41. Net profit margin of the company was recorded at 3.2 percent, operating profit margin was 6 percent, while gross profit margin stands at 0 percent. Last quarter, the company saw 22.43 billion in total revenues.

Anthem, Inc., launched on July 17, 2001, is a health benefits company.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. The rating was initiated by Evercore with "Hold" on Friday, September 23. The dividend payment was $0.700 per share for the quarter which comes to $2.80 on an annualized basis. The P/S ratio for Anthem, 0.58. The ex-dividend date was set for Thursday the 7th of September 2017. The insider, SWEDISH JOSEPH, now holds 66,543 shares of ANTM. The shares were sold at an average price of $191.25, for a total transaction of $1,745,538.75. The stock was sold at an average price of $142.92, for a total transaction of $928,980.00. Also, EVP Thomas C. Zielinski sold 9,127 shares of the firm's stock in a transaction dated Thursday, August 10th. The firm's 50-day moving average is $191.75 and its 200-day moving average is $181.33. The disclosure for this sale can be found here. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. Cantab Capital Partners Llp augmented its ownership by buying 4,659 shares an increase of 42.5%.