athenahealth, Inc (NASDAQ:ATHN) insider Daniel P. Haley sold 1,153 shares of the company’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $136.83, for a total transaction of $157,764.99. Following the sale, the insider now owns 12,436 shares in the company, valued at $1,701,617.88. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of athenahealth, Inc (NASDAQ:ATHN) traded down $0.52 on Wednesday, reaching $145.49. 197,192 shares of the company’s stock traded hands, compared to its average volume of 496,928. The firm has a market capitalization of $5,880.00, a P/E ratio of 118.19, a price-to-earnings-growth ratio of 2.58 and a beta of 1.17. athenahealth, Inc has a 52 week low of $95.01 and a 52 week high of $158.66. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.32.
athenahealth (NASDAQ:ATHN) last posted its quarterly earnings data on Thursday, February 1st. The health services provider reported $1.11 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.48. athenahealth had a net margin of 4.35% and a return on equity of 9.21%. The business had revenue of $329.20 million during the quarter, compared to the consensus estimate of $319.64 million. During the same period in the previous year, the firm posted $0.62 earnings per share. The business’s revenue for the quarter was up 14.2% compared to the same quarter last year. research analysts anticipate that athenahealth, Inc will post 2.69 earnings per share for the current fiscal year.
Large investors have recently bought and sold shares of the company. Toronto Dominion Bank lifted its stake in shares of athenahealth by 83.3% during the third quarter. Toronto Dominion Bank now owns 220,000 shares of the health services provider’s stock worth $27,356,000 after buying an additional 100,000 shares during the period. Perceptive Advisors LLC acquired a new stake in shares of athenahealth during the third quarter worth $8,705,000. Sei Investments Co. lifted its stake in shares of athenahealth by 36.6% during the third quarter. Sei Investments Co. now owns 128,190 shares of the health services provider’s stock worth $15,942,000 after buying an additional 34,332 shares during the period. SG Americas Securities LLC acquired a new stake in shares of athenahealth during the third quarter worth $485,000. Finally, Trexquant Investment LP acquired a new stake in shares of athenahealth during the third quarter worth $727,000.
ATHN has been the topic of a number of recent analyst reports. BidaskClub lowered shares of athenahealth from a “hold” rating to a “sell” rating in a research report on Tuesday, January 16th. Deutsche Bank initiated coverage on shares of athenahealth in a research report on Friday, December 8th. They issued a “hold” rating and a $145.00 price objective on the stock. Bank of America initiated coverage on shares of athenahealth in a research report on Tuesday, February 27th. They issued a “neutral” rating and a $147.00 price objective on the stock. ValuEngine lowered shares of athenahealth from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Finally, KeyCorp reaffirmed a “buy” rating and set a $152.00 target price on shares of athenahealth in a research report on Friday, January 12th. Three investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $144.35.
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athenahealth Company Profile
athenahealth, Inc provides network-based medical record, revenue cycle, patient engagement, care coordination and population health services. The Company also offers Epocrates and other point-of-care mobile applications. The Company delivers majority of its service offerings through a single instance of cloud-based software, athenaNet.
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