Computer Programs & Systems Inc (CPSI): John B Jr Douglas , CEO of Computer Programs & Systems Inc purchased 3,500 shares on May 19, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $41.98 per share for a total value of $146,930.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 10, 2016, Victor S Schneider (Executive Vice President) sold 6,000 shares at $53.28 per share price.On Feb 9, 2016, Christopher Scott Bauleke (CEO of Healthland Holding Inc.) sold 12,000 shares at $57.07 per share price.Also, On Dec 21, 2015, Patrick A Immel (SVP of Prof. Svs. of TruBridge) sold 4,500 shares at $48.43 per share price.On Dec 17, 2015, Troy D Rosser (Senior Vice President – Sales) sold 9,651 shares at $48.45 per share price.
Shares of Computer Programs & Systems (CPSI) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.8 points or -1.91% at $41.18 with 1,84,812 shares getting traded. Post opening the session at $41.88, the shares hit an intraday low of $41.06 and an intraday high of $41.88 and the price vacillated in this range throughout the day. The company has a market cap of $557,001 M and the number of outstanding shares has been calculated to be 13,52,60,00,000 shares. The 52-week high of Computer Programs & Systems is $59.16 and the 52-week low is $36.04.
Company has been under the radar of several Street Analysts.Computer Programs & Systems is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 47 from a previous price target of $55 . The Rating was issued on May 11, 2016.Computer Programs & Systems is Reiterated by Topeka Capital Markets to Buy and the brokerage firm has raised the Price Target to $ 62 from a previous price target of $61 .The Rating was issued on May 5, 2016.Computer Programs & Systems is Downgraded by Robert W. Baird to Neutral while Lowering the Price Target of the company shares to $ 59 from a previous price target of $65 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 14, 2016.
Computer Programs and Systems Inc. (CPSI) is a provider of healthcare information technology solutions for rural and community hospitals with over 650 client hospitals in 46 states and the District of Columbia. The Company provides enterprise-wide clinical management access management patient financial management health information management strategic decision support resource planning management and enterprise application integration solutions to healthcare organizations throughout the United States. Additionally CPSI provides other information technology solutions including business management services remote hosting networking technologies and other related services. TruBridge LLC is a wholly owned subsidiary of CPSI. TruBridge provides business management consulting and managed information technology (IT) services specifically targeted at rural and community healthcare organizations.