Analyst Activity – Canaccord Genuity Reiterates Buy on Benefitfocus (NASDAQ:BNFT)

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Analyst Ratings For Benefitfocus (NASDAQ:BNFT)

Today, Canaccord Genuity reiterated its Buy rating on Benefitfocus (NASDAQ:BNFT) with a price target of $35.00.

There are 1 hold rating, 7 buy ratings on the stock.

The current consensus rating on Benefitfocus (NASDAQ:BNFT) is Buy (Score: 2.88) with a consensus target price of $40.43 per share, a potential 14.69% upside.

Some recent analyst ratings include

  • 8/1/2017-Canaccord Genuity Reiterated Rating of Buy.
  • 6/1/2017-William Blair Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 3/16/2017-Jefferies Group LLC Reiterated Rating of Buy.
  • 2/24/2017-Royal Bank Of Canada Reiterated Rating of Hold.
  • 2/7/2017-Berenberg Bank initiated coverage with a Buy rating.

Recent Insider Trading Activity For Benefitfocus (NASDAQ:BNFT)
Benefitfocus (NASDAQ:BNFT) has insider ownership of 40.10% and institutional ownership of 83.16%.

  • On 4/3/2017 James P Restivo, Insider, sold 2,193 with an average share price of $27.28 per share and the total transaction amounting to $59,825.04. View SEC Filing
  • On 11/7/2016 Stephen M Swad, Director, bought 3,000 with an average share price of $26.43 per share and the total transaction amounting to $79,290.00. View SEC Filing
  • On 10/10/2016 Shawn A Jenkins, CEO, sold 10,000 with an average share price of $42.03 per share and the total transaction amounting to $420,300.00. View SEC Filing
  • On 10/3/2016 Raymond Alexander August, COO, sold 16,408 with an average share price of $39.66 per share and the total transaction amounting to $650,741.28. View SEC Filing
  • On 8/15/2016 Mason R Holland Jr, Insider, sold 145,915 with an average share price of $42.18 per share and the total transaction amounting to $6,154,694.70. View SEC Filing
  • On 6/17/2016 Francis J Pelzer, Director, sold 1,530 with an average share price of $39.54 per share and the total transaction amounting to $60,496.20. View SEC Filing
  • On 5/10/2016 Stephen M Swad, Director, bought 2,000 with an average share price of $32.90 per share and the total transaction amounting to $65,800.00. View SEC Filing

Recent Trading Activity for Benefitfocus (NASDAQ:BNFT)
Shares of Benefitfocus closed the previous trading session at 35.25 down -0.50 -1.40% with 120,723 shares trading hands.