Quality Systems, Inc (QSII): James Robert Jr. Arnold , CFO of Quality Systems, Inc purchased 8,300 shares on Jun 14, 2016. The Insider buying transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $12.02 per share for a total value of $99,766.00 , 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 14, 2016, Jeffrey H Margolis (director) purchased 10,000 shares at $12.40 per share price.On Dec 9, 2015, John R Frantz (CEO) purchased 2,500 shares at $15.45 per share price.
Quality Systems: On Friday, Jun 10, 2016 heightened volatility was witnessed in Quality Systems which led to swings in the share price. The shares opened for trading at $12.29 and hit $12.61 on the upside , eventually ending the session at $12.44, with a gain of 0.65% or 0.08 points. The heightened volatility saw the trading volume jump to 4,79,450 shares. The 52-week high of the share price is $17.5 and the company has a market cap of $759 M . The 52-week low of the share price is at $12.
Company has been under the radar of several Street Analysts.Quality Systems is Reiterated by Topeka Capital Markets to Buy while Lowering the Price Target of the company shares to $ 17 from a previous price target of $18 . The Rating was issued on May 20, 2016.
Quality Systems Inc. is engaged in developing and marketing healthcare information systems that automate certain aspects of medical and dental practices networks of practices such as physician hospital organizations (PHOs) and management service organizations (MSOs) accountable care organizations ambulatory care centers community health centers and medical and dental schools along with systems implementation maintenance and support and add-on complementary services such as revenue cycle management (RCM) and electronic data interchange (EDI). The Company operates in four segments: QSI Dental Division NextGen Division Hospital Solutions Division and RCM Services Division. The QSI Dental Division NextGen Division and Hospital Solutions Division develop and market software that is designed to automate and streamline a number of the administrative functions required for operating a medical dental or hospital practice such as patient scheduling and billing.