Anthem (NYSE:ANTM) announced its earnings results on Tuesday. The company reported $7.03 earnings per share for the quarter, topping the consensus estimate of $6.34 by $0.69, MarketWatch Earnings reports. Anthem had a net margin of 3.78% and a return on equity of 17.10%. The firm had revenue of $33.28 billion for the quarter, compared to the consensus estimate of $33.22 billion. During the same period in the prior year, the firm earned $9.20 EPS. The firm’s revenue for the quarter was up 14.1% on a year-over-year basis.
Shares of Anthem stock opened at $383.59 on Thursday. The firm has a fifty day moving average of $388.46. Anthem has a 12-month low of $244.10 and a 12-month high of $406.00. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.57 and a current ratio of 1.57. The firm has a market cap of $93.92 billion, a PE ratio of 20.53, a price-to-earnings-growth ratio of 1.21 and a beta of 1.04.
In related news, Director Julie A. Hill sold 1,308 shares of the stock in a transaction on Thursday, May 20th. The shares were sold at an average price of $394.00, for a total transaction of $515,352.00. Following the completion of the sale, the director now owns 31,213 shares in the company, valued at approximately $12,297,922. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO John E. Gallina sold 46,444 shares of the stock in a transaction on Monday, May 24th. The stock was sold at an average price of $394.89, for a total transaction of $18,340,271.16. Following the sale, the chief financial officer now owns 60,095 shares of the company’s stock, valued at approximately $23,730,914.55. The disclosure for this sale can be found here. In the last 90 days, insiders sold 49,060 shares of company stock valued at $19,376,233. Company insiders own 0.28% of the company’s stock.
Anthem, Inc provides life, hospital and medical insurance plans. It offers a broad spectrum of network-based managed care health benefit plans to the large and small employer, individual, Medicaid, and Medicare markets. The company operates through the following segments: Commercial & Specialty Business, Government Business, IngenioRx and Other.
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