Analyst Ratings For Benefitfocus Inc (NASDAQ:BNFT)
Today, Wedbush reiterated its Outperform rating on Benefitfocus Inc (NASDAQ:BNFT) with a price target of $57.00.
There are 9 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.
The current consensus rating on Benefitfocus Inc (NASDAQ:BNFT) is Buy with a consensus target price of $41.90 per share, a potential 17.81% downside.
Some recent analyst ratings include
- 12/4/2018-Benefitfocus Inc (NASDAQ:BNFT) had its Outperform rating reiterated by Wedbush with a $57.00 price target
- 11/2/2018-Benefitfocus Inc (NASDAQ:BNFT) had its Overweight rating reiterated by Piper Jaffray Companies with a $49.00 price target
- 8/20/2018-Benefitfocus Inc (NASDAQ:BNFT) has coverage initiated with a Buy rating and $45.00 price target
- On 11/19/2018 Francis J Pelzer, Director, sold 250 with an average share price of $43.09 per share and the total transaction amounting to $10,772.50.
- On 11/2/2018 Francis J Pelzer, Director, sold 250 with an average share price of $41.83 per share and the total transaction amounting to $10,457.50.
- On 9/18/2018 Francis J Pelzer, Director, sold 250 with an average share price of $40.24 per share and the total transaction amounting to $10,060.00.
- On 8/24/2018 Francis J Pelzer, Director, sold 5,000 with an average share price of $42.02 per share and the total transaction amounting to $210,100.00.
- On 8/21/2018 Francis J Pelzer, Director, sold 750 with an average share price of $40.00 per share and the total transaction amounting to $30,000.00.
- On 8/14/2018 Jonathon E Dussault, CFO, sold 4,045 with an average share price of $36.81 per share and the total transaction amounting to $148,896.45.
- On 5/24/2018 Goldman Sachs Group Inc, Major Shareholder, sold 2,500,000 with an average share price of $33.03 per share and the total transaction amounting to $82,575,000.00.
About Benefitfocus Inc (NASDAQ:BNFT)
Benefitfocus, Inc. provides cloud-based benefits management platform for consumers, employers, insurance carriers, and brokers in the United States. It operates through Employer and Carrier segments. The company's products for insurance carriers include Marketplaces, which are online shopping environments; eEnrollment that provides online enrollment for benefits; eBilling, an electronic invoice presentment and payment solution; eExchange, a solution for communication; eSales for carriers and brokers to organize and manage accounts, track leads, generate quotes, and create proposals for products; and Core & Advanced Analytics, a data analytics solution. Its products for employers include Benefitfocus Marketplace that streamlines online enrollment, employee communication, and benefit administration; Communication Portal, an employee engagement portal; BenefitStore, a solution for employees to avail various ancillary benefits; ACA Management and Reporting, a solution for employers to manage ACA compliance; Billing & Payment, an electronic invoice presentment and payment application; Consumer-Directed Healthcare Accounts, a solution for health savings accounts management; and consolidated omnibus budget reconciliation act administration solution. In addition, the company provides professional and customer support services, which include implementation services, such as discovery, configuration, deployment, integration, testing, training, and technical support; HR support services; and video library services. Further, it offers partner offerings, such as RedBrick Health that provides access to customizable health assessments, digital coaching, tracking, and challenges; LifeLock that allows employees to purchase identity theft protection; and SAP SuccessFactors that provides employee performance management solutions, as well as Certified Carrier Programs. The company was founded in 2000 and is headquartered in Charleston, South Carolina.
Recent Trading Activity for Benefitfocus Inc (NASDAQ:BNFT)
Shares of Benefitfocus Inc closed the previous trading session at 50.98 up +0.88 1.76% with 50.57 shares trading hands.