Athenahealth Inc (ATHN): Ed Park , EVP and COO of Athenahealth Inc sold 1,500 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $127.88 per share for a total value of $191,712.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 3, 2016, Brandon H Hull (director) sold 800 shares at $132.74 per share price.On May 3, 2016, Kristi Ann Matus (EVP and CFAO) sold 415 shares at $133.27 per share price.Also, On May 3, 2016, Jonathan Bush (CEO and President) sold 4,000 shares at $132.30 per share price.On Apr 26, 2016, Karl Stubelis (VP and Corporate Controller) sold 547 shares at $138.64 per share price.
athenahealth Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in athenahealth Inc which led to swings in the share price. The shares opened for trading at $127.99 and hit $128.79 on the upside , eventually ending the session at $128.62, with a gain of 0.37% or 0.47 points. The heightened volatility saw the trading volume jump to 3,89,152 shares. The 52-week high of the share price is $170.42 and the company has a market cap of $5,050 M . The 52-week low of the share price is at $110.68.
Company has been under the radar of several Street Analysts.athenahealth Inc is Upgraded by Topeka Capital Markets to Buy while Lowering the Price Target of the company shares to $ 160 from a previous price target of $169 . Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Feb 8, 2016.
athenahealth Inc. is a provider of cloud-based services and mobile applications for medical groups and health systems. The Company delivers cloud-based services for revenue cycle management and medical billing electronic health records (EHR) patient engagement care coordination population health management as well as clinical intelligence and decision support. Through these services the Company connects health care information and processes and drives results for more than 62000 health care providers in medical practices and health systems nationwide. The Company’s service offerings include the following: athenaCollector for revenue cycle management and medical billing; athenaClinicals for EHR management; athenaCommunicator for patient engagement and communication; athenaCoordinator for care coordination population health and financial and quality management and Epocrates for clinical intelligence and decision support services.