Insider Selling: Stephen Green Sells 5,000 Shares of IHS Stock (IHS)

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IHS (NYSE:IHS) EVP Stephen Green sold 5,000 shares of IHS stock on the open market in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $112.59, for a total value of $562,950.00. Following the completion of the transaction, the executive vice president now directly owns 34,526 shares in the company, valued at approximately $3,887,282. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of IHS (NYSE:IHS) traded down 0.79% on Wednesday, hitting $111.25. 99,108 shares of the company’s stock traded hands. IHS has a one year low of $95.03 and a one year high of $123.95. The stock’s 50-day moving average is $116.7 and its 200-day moving average is $112.8. The company has a market cap of $7.499 billion and a price-to-earnings ratio of 57.54.

IHS (NYSE:IHS) last released its earnings data on Tuesday, January 7th. The company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.59. The company had revenue of $560.00 million for the quarter, compared to the consensus estimate of $534.84 million. During the same quarter last year, the company posted $1.21 earnings per share. IHS’s revenue was up 35.1% compared to the same quarter last year. On average, analysts predict that IHS will post $5.81 earnings per share for the current fiscal year.

IHS has been the subject of a number of recent research reports. Analysts at RBC Capital initiated coverage on shares of IHS in a research note to investors on Friday, January 10th. They set an “outperform” rating and a $139.00 price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of IHS from $125.00 to $130.00 in a research note to investors on Wednesday, January 8th. They now have a “buy” rating on the stock. Finally, analysts at Barclays raised their price target on shares of IHS from $120.00 to $140.00 in a research note to investors on Wednesday, January 8th. They now have an “overweight” rating on the stock. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $126.68.

IHS Inc (NYSE:IHS) is a source of information and insight in areas, such as energy and power; design and supply chain; defense, risk, and security; environment, health and safety (EHS) and sustainability; country and industry forecasting, and commodities, pricing, and cost.

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