Cerner Corp /mo/ (CERN) Files Form 4 Insider Selling : Neal L Patterson Sells 40,000 Shares

Cerner Corp /mo/ (CERN): Neal L Patterson , Chairman and CEO of Cerner Corp /mo/ sold 40,000 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were sold at $54.24 per share for a total value of $2,169,600.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 22, 2016, William D Zollars (director) sold 11,680 shares at $51.40 per share price.On Feb 22, 2016, Jeffrey A Townsend (Exec. VP & Chief of Staff) sold 100,000 shares at $51.48 per share price.Also, On Dec 15, 2015, Julie M Wilson (EVP & Chief People Officer) sold 2,821 shares at $60.52 per share price.On Dec 11, 2015, Michael R. Battaglioli (VP & Chief Accounting Officer) sold 2,000 shares at $60.06 per share price.

Shares of Cerner Corporation (CERN) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.19 points or -0.34% at $55.24 with 26,99,100 shares getting traded. Post opening the session at $55.61, the shares hit an intraday low of $54.9 and an intraday high of $55.8 and the price vacillated in this range throughout the day. The company has a market cap of $18,676 M and the number of outstanding shares has been calculated to be 33,80,81,820 shares. The 52-week high of Cerner Corporation is $75 and the 52-week low is $49.59.

Cerner Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Cerner Corporation is Reiterated by Topeka Capital Markets to Buy while Lowering the Price Target of the company shares to $ 64 from a previous price target of $65 . The Rating was issued on May 6, 2016.Cerner Corporation is Reiterated by Topeka Capital Markets to Buy while Lowering the Price Target of the company shares to $ 65 from a previous price target of $68 . The Rating was issued on Mar 4, 2016.Cerner Corporation is Downgraded by Goldman to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Feb 23, 2016.Cerner Corporation is Reiterated by RBC Capital Mkts to Top Pick while Lowering the Price Target of the company shares to $ 70 from a previous price target of $75 . The Rating was issued on Feb 17, 2016.Cerner Corporation is Reiterated by Topeka Capital Markets to Buy while Lowering the Price Target of the company shares to $ 68 from a previous price target of $70 . The Rating was issued on Feb 17, 2016.

Cerner Corporation (Cerner) is a supplier of health care information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical financial and operational needs of organizations. The Company offers software hardware professional services and managed services. The Company operates in two segments: Domestic and Global. The Domestic segment includes the business activity in the United States. The Global segment includes the business activity in Aruba Australia Austria Brazil Canada Cayman Islands Chile Egypt England Finland France Germany Guam India Ireland Israel Malaysia Mexico Netherlands Qatar Saudi Arabia Singapore Spain Switzerland and the United Arab Emirates. Cerner solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Its solutions include HealtheRegistries Cerner ITWorks Cerner RevWorks PowerWorks and CommunityWorks among others.

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