10,831 Shares in IQVIA Holdings Inc. $IQV Purchased by OneDigital Investment Advisors LLC

Key Points

• OneDigital Investment Advisors initiated a 10,831-share IQVIA position worth approximately $2.1 million in the second quarter. Institutional investors collectively own 89.62% of the company.
• Analysts remain broadly positive, with a “Moderate Buy” consensus rating and an average price target of $241.88. IQVIA recently beat quarterly earnings and revenue estimates, reporting $3.15 in EPS and $4.37 billion in revenue, up 8.7% year over year.
• IQVIA authorized a $2 billion share-repurchase program, covering up to 6.8% of outstanding shares. Meanwhile, insiders have sold 12,913 shares worth about $3.1 million over the past 90 days.

OneDigital Investment Advisors LLC purchased a new stake in IQVIA Holdings Inc. (NYSE:IQV - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,831 shares of the medical research company's stock, valued at approximately $2,093,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IQV. Apella Capital LLC boosted its stake in shares of IQVIA by 5.1% during the 1st quarter. Apella Capital LLC now owns 1,196 shares of the medical research company's stock valued at $211,000 after buying an additional 58 shares during the last quarter. Quadrant Capital Group LLC increased its stake in shares of IQVIA by 1.3% in the fourth quarter. Quadrant Capital Group LLC now owns 4,792 shares of the medical research company's stock worth $1,080,000 after buying an additional 60 shares during the last quarter. Private Advisor Group LLC raised its holdings in IQVIA by 1.0% in the third quarter. Private Advisor Group LLC now owns 6,122 shares of the medical research company's stock valued at $1,163,000 after acquiring an additional 63 shares in the last quarter. Breakwater Capital Group raised its holdings in IQVIA by 3.2% in the second quarter. Breakwater Capital Group now owns 2,073 shares of the medical research company's stock valued at $401,000 after acquiring an additional 64 shares in the last quarter. Finally, Keybank National Association OH boosted its stake in IQVIA by 0.7% during the 4th quarter. Keybank National Association OH now owns 9,103 shares of the medical research company's stock valued at $2,052,000 after acquiring an additional 67 shares during the last quarter. 89.62% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on IQV shares. Wall Street Zen raised shares of IQVIA from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Stifel Nicolaus increased their price target on shares of IQVIA from $220.00 to $276.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. HSBC reissued a "buy" rating and issued a $240.00 price objective on shares of IQVIA in a report on Monday, July 6th. Mizuho lifted their target price on IQVIA from $215.00 to $230.00 and gave the stock an "outperform" rating in a research report on Monday, July 13th. Finally, Weiss Ratings upgraded IQVIA from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $241.88.

Insiders Place Their Bets

In related news, insider W Richard Staub sold 5,500 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $232.68, for a total value of $1,279,740.00. Following the completion of the transaction, the insider directly owned 13,312 shares of the company's stock, valued at $3,097,436.16. This represents a 29.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Keriann Cherofsky sold 558 shares of the firm's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $245.21, for a total value of $136,827.18. Following the completion of the sale, the insider owned 2,989 shares in the company, valued at approximately $732,932.69. This represents a 15.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 12,913 shares of company stock valued at $3,098,793. 1.70% of the stock is owned by corporate insiders.

IQVIA Trading Down 0.2%

Shares of NYSE:IQV opened at $236.18 on Monday. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 2.18. The company's 50-day moving average price is $206.65 and its 200 day moving average price is $186.72. The company has a market cap of $38.87 billion, a PE ratio of 29.30, a P/E/G ratio of 2.01 and a beta of 1.18. IQVIA Holdings Inc. has a fifty-two week low of $154.50 and a fifty-two week high of $251.36.

IQVIA (NYSE:IQV - Get Free Report) last posted its earnings results on Tuesday, July 28th. The medical research company reported $3.15 EPS for the quarter, topping the consensus estimate of $3.03 by $0.12. IQVIA had a net margin of 8.10% and a return on equity of 30.25%. The firm had revenue of $4.37 billion during the quarter, compared to analysts' expectations of $4.30 billion. During the same quarter in the prior year, the firm earned $2.81 EPS. IQVIA's quarterly revenue was up 8.7% on a year-over-year basis. IQVIA has set its FY 2026 guidance at 12.800-13.000 EPS. Sell-side analysts anticipate that IQVIA Holdings Inc. will post 11.57 earnings per share for the current year.

IQVIA announced that its Board of Directors has authorized a share repurchase plan on Thursday, May 7th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the medical research company to purchase up to 6.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

IQVIA Profile

IQVIA NYSE: IQV is a global provider of advanced analytics, technology solutions and contract research services to the life sciences industry. The company combines clinical research capabilities with large-scale health data and analytics to support drug development, regulatory reporting, commercial strategy and real‑world evidence generation. IQVIA traces its current form to the combination of Quintiles and IMS Health announced in 2016 and subsequently rebranded as IQVIA, bringing together long-established clinical research operations and extensive healthcare information assets.

IQVIA's principal activities include outsourced clinical development services (acting as a contract research organization for phases I–IV), real‑world evidence and observational research, regulatory and safety services, and a suite of technology platforms that enable data integration, analytics and operational management.

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