Athenahealth Inc (ATHN) Files Form 4 Insider Selling : Ed Park Sells 1,500 Shares

Athenahealth Inc (ATHN): Ed Park , EVP and COO of Athenahealth Inc sold 1,500 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $126.11 per share for a total value of $188,736.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, Jonathan Bush (CEO and President) sold 4,000 shares at $125.94 per share price.On May 5, 2016, Ed Park (EVP and COO) sold 1,500 shares at $127.88 per share price.Also, 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.

athenahealth Inc: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in athenahealth Inc which led to swings in the share price. The shares opened for trading at $126.86 and hit $128.04 on the upside , eventually ending the session at $127.6, with a gain of 0.58% or 0.73 points. The heightened volatility saw the trading volume jump to 3,53,538 shares. The 52-week high of the share price is $170.42 and the company has a market cap of $5,010 M . The 52-week low of the share price is at $110.68.

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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.

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