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athenahealth (NASDAQ:ATHN) Insider Stephen N. Kahane unloaded 5,000 shares of the stock on the open market in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $127.60, for a total transaction of $638,000.00. Following the completion of the sale, the insider now directly owns 54,285 shares in the company, valued at approximately $6,926,766. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

ATHN has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus initiated coverage on shares of athenahealth in a research note on Wednesday, June 25th. They set an “overweight” rating and a $192.00 price target on the stock. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $167.90.

athenahealth (NASDAQ:ATHN) traded up 1.51% on Thursday, hitting $130.75. The stock had a trading volume of 314,341 shares. athenahealth has a 1-year low of $85.12 and a 1-year high of $206.70. The stock’s 50-day moving average is $124.8 and its 200-day moving average is $145.2. The company’s market cap is $4.948 billion.

athenahealth (NASDAQ:ATHN) last released its earnings data on Thursday, April 17th. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.17 by $0.05. The company had revenue of $163.00 million for the quarter, compared to the consensus estimate of $170.03 million. During the same quarter last year, the company posted $0.38 earnings per share. athenahealth’s revenue was up 29.8% compared to the same quarter last year. On average, analysts predict that athenahealth will post $1.04 earnings per share for the current fiscal year.

athenahealth, Inc (NASDAQ:ATHN), is a business services company, which provides ongoing billing, clinical-related, and other related services to its customers.

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