Cerner Corporation (CERN) has risen sharply, recording gains of 12.5% in the past 4 weeks. However, the stock has corrected -0.07% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 7.79% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has recorded a 20-day Moving Average of 5.62% and the 50-Day Moving Average is 8.23%.
Cerner Corporation (NASDAQ:CERN): The stock opened at $61.03 on Friday but the bulls could not build on the opening and the stock topped out at $61.25 for the day. The stock traded down to $60.53 during the day, due to lack of any buying support eventually closed down at $60.58 with a loss of -0.36% for the day. The stock had closed at $60.80 on the previous day. The total traded volume was 1,617,288 shares.
The company Insiders own 13.2% of Cerner Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.48% . Institutional Investors own 80.63% of Cerner Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.86%. In a related news, Zollars William D, director of Cerner Corp /Mo/, unloaded 9,000 shares at an average price of $55.72 on June 1, 2016. The total amount of the transaction was worth $501,480, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.