IQVIA Holdings Inc. (NYSE:IQV) has been at the center of attention with multiple asset management firms acquiring its shares. Major players such as
Envestnet Asset Management Inc. and
Goldman Sachs Group Inc. have increased their stakes in IQVIA, with Envestnet buying 14,875 shares. Other firms such as
Ratan Capital Management and
Capital Research Global Investors also initiated or increased their positions in IQVIA. However, not all transactions have been positive, with entities like
Peapack Gladstone Financial Corp and
Rafferty Asset Management LLC selling their shares. IQVIA has shown some underperformance when compared to competitors across various trading days. On the earnings front, the company has been surpassing Q1 revenue estimates and displaying strong year-over-year growth in Q4 and full-year 2023 earnings.
IQVIA also managed to appreciate 24% within a year. Despite this, there have been concerns regarding the CEO's salary levels, insider stock disposals, and underperformance after earnings reports. Nonetheless, IQVIA maintains a strong valuation, with one report suggesting it is 30% undervalued and has sound debt management strategies.
Iqvia Holdings IQV News Analytics from Fri, 08 Sep 2023 07:00:00 GMT to Sun, 09 Jun 2024 13:46:10 GMT -
Rating 4
- Innovation 7
- Information 8
- Rumor -3
