athenahealth, Inc. (NASDAQ:ATHN) SVP Jonathan D. Porter sold 300 shares of the stock in a transaction on Friday, September 15th. The stock was sold at an average price of $130.38, for a total transaction of $39,114.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Jonathan D. Porter also recently made the following trade(s):
- On Tuesday, August 15th, Jonathan D. Porter sold 300 shares of athenahealth stock. The shares were sold at an average price of $142.88, for a total transaction of $42,864.00.
- On Friday, July 21st, Jonathan D. Porter sold 422 shares of athenahealth stock. The shares were sold at an average price of $154.00, for a total transaction of $64,988.00.
- On Monday, July 17th, Jonathan D. Porter sold 300 shares of athenahealth stock. The shares were sold at an average price of $143.13, for a total transaction of $42,939.00.
Shares of athenahealth, Inc. (NASDAQ:ATHN) opened at 123.44 on Thursday. The firm’s 50-day moving average is $138.24 and its 200-day moving average is $129.15. The company has a market capitalization of $4.93 billion, a price-to-earnings ratio of 156.65 and a beta of 1.79. athenahealth, Inc. has a 1-year low of $90.11 and a 1-year high of $158.66.
athenahealth (NASDAQ:ATHN) last released its quarterly earnings results on Thursday, July 20th. The health services provider reported $0.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.12. The business had revenue of $301.10 million during the quarter, compared to analyst estimates of $298.68 million. athenahealth had a net margin of 2.80% and a return on equity of 6.91%. The company’s quarterly revenue was up 15.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.34 earnings per share. Analysts forecast that athenahealth, Inc. will post $1.91 earnings per share for the current fiscal year.
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ATHN has been the topic of several recent research reports. Citigroup Inc. reaffirmed a “buy” rating and set a $169.00 target price (up previously from $163.00) on shares of athenahealth in a report on Monday, July 10th. BidaskClub raised shares of athenahealth from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. William Blair reaffirmed a “market perform” rating on shares of athenahealth in a report on Friday, July 21st. J P Morgan Chase & Co set a $136.00 target price on shares of athenahealth and gave the company a “hold” rating in a report on Wednesday, July 19th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $135.00 target price on shares of athenahealth in a report on Monday, June 26th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $149.91.
Several institutional investors have recently made changes to their positions in ATHN. Turner Investments LLC acquired a new position in athenahealth in the 2nd quarter worth approximately $105,000. FNY Partners Fund LP grew its stake in shares of athenahealth by 1,900.0% during the 1st quarter. FNY Partners Fund LP now owns 1,000 shares of the health services provider’s stock worth $112,000 after purchasing an additional 950 shares during the period. Bessemer Group Inc. grew its stake in shares of athenahealth by 13.7% during the 2nd quarter. Bessemer Group Inc. now owns 938 shares of the health services provider’s stock worth $132,000 after purchasing an additional 113 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of athenahealth by 7.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,179 shares of the health services provider’s stock worth $166,000 after purchasing an additional 84 shares during the period. Finally, Seven Bridges Advisors LLC grew its stake in shares of athenahealth by 5.4% during the 2nd quarter. Seven Bridges Advisors LLC now owns 1,303 shares of the health services provider’s stock worth $183,000 after purchasing an additional 67 shares during the period.
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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