Vries Glen Michael De Sells 7,500 Shares of Medidata Solutions Inc. (MDSO) Stock

Medidata Solutions Inc. (NASDAQ:MDSO) President Vries Glen Michael De sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 11th. The stock was sold at an average price of $54.72, for a total value of $410,400.00. Following the sale, the president now directly owns 942,653 shares of the company’s stock, valued at $51,581,972.16. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Vries Glen Michael De also recently made the following trade(s):

  • On Monday, September 12th, Vries Glen Michael De sold 7,500 shares of Medidata Solutions stock. The stock was sold at an average price of $53.70, for a total value of $402,750.00.
  • On Tuesday, August 9th, Vries Glen Michael De sold 7,500 shares of Medidata Solutions stock. The stock was sold at an average price of $54.39, for a total value of $407,925.00.

Medidata Solutions Inc. (NASDAQ:MDSO) opened at 49.50 on Tuesday. The stock has a market capitalization of $2.75 billion, a P/E ratio of 127.25 and a beta of 1.29. The company’s 50-day moving average price is $54.77 and its 200 day moving average price is $48.73. Medidata Solutions Inc. has a 52 week low of $30.22 and a 52 week high of $57.21.

Insider Buying and Selling by Quarter for Medidata Solutions (NASDAQ:MDSO)

MDSO has been the subject of a number of research analyst reports. Zacks Investment Research lowered Medidata Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, July 13th. Deutsche Bank AG lifted their target price on Medidata Solutions from $56.00 to $58.00 and gave the company a “buy” rating in a research report on Tuesday, September 13th. KeyCorp reaffirmed a “buy” rating on shares of Medidata Solutions in a research report on Thursday, July 7th. TheStreet raised Medidata Solutions from a “hold” rating to a “buy” rating in a research report on Thursday, August 25th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $60.00 target price (up from $55.00) on shares of Medidata Solutions in a research report on Sunday, July 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Medidata Solutions currently has an average rating of “Buy” and an average target price of $54.09.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. CrestPoint Capital Management LLC acquired a new position in shares of Medidata Solutions during the third quarter valued at $513,000. Cupps Capital Management LLC acquired a new position in shares of Medidata Solutions during the third quarter valued at $2,634,000. Conestoga Capital Advisors LLC raised its position in shares of Medidata Solutions by 8.9% in the third quarter. Conestoga Capital Advisors LLC now owns 483,890 shares of the company’s stock valued at $26,982,000 after buying an additional 39,480 shares during the last quarter. Mason Street Advisors LLC acquired a new position in shares of Medidata Solutions during the second quarter valued at $525,000. Finally, Schwab Charles Investment Management Inc. raised its position in shares of Medidata Solutions by 1.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 189,914 shares of the company’s stock valued at $8,902,000 after buying an additional 3,348 shares during the last quarter.

Medidata Solutions Company Profile

Medidata Solutions Inc (Medidata) is a provider of cloud-based solutions for life sciences. The Company provides cloud-based solutions for clinical research in life sciences, offering platform technology that focuses on the clinical development. The Medidata Clinical Cloud provides a platform of technology and data analytics solutions designed to manage activities across clinical development.

5 Day Chart for NASDAQ:MDSO

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