Today, the Chairman & CEO of Ebix Inc (EBIX), Robin Raina, bought shares of EBIX for $52.45K.
Following Robin Raina’s last EBIX Buy transaction on August 13, 2015, the stock climbed by 22.2%.
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Based on Ebix Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $129 million and quarterly net profit of $29.24 million. In comparison, last year the company earned revenue of $92.8 million and had a net profit of $24.18 million. EBIX’s market cap is $1.63B and the company has a P/E ratio of 14.70. Currently, Ebix Inc has an average volume of 264.6K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $102.67, reflecting a 101.0% upside. Starting in October 2018, EBIX received 5 Buy ratings in a row.
Robin Raina’s trades have generated a 18.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Ebix, Inc. engages in the provision of software and e-commerce services to the insurance, finance, and healthcare industries. It operates through the following products and services: Exchanges; Broker P&C Systems; Risk Compliance Solutions; and Carrier P&C systems.
