athenahealth, Inc. (NASDAQ:ATHN) SVP Jonathan D. Porter sold 300 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $143.13, for a total value of $42,939.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jonathan D. Porter also recently made the following trade(s):

  • On Thursday, June 15th, Jonathan D. Porter sold 300 shares of athenahealth stock. The shares were sold at an average price of $142.27, for a total value of $42,681.00.
  • On Monday, May 15th, Jonathan D. Porter sold 300 shares of athenahealth stock. The shares were sold at an average price of $109.48, for a total value of $32,844.00.

Shares of athenahealth, Inc. (NASDAQ ATHN) traded up 0.13% during midday trading on Wednesday, hitting $143.38. The company had a trading volume of 315,608 shares. The firm has a market capitalization of $5.71 billion, a P/E ratio of 282.24 and a beta of 1.79. The stock has a 50 day moving average price of $141.23 and a 200 day moving average price of $122.47. athenahealth, Inc. has a 1-year low of $90.11 and a 1-year high of $149.55.

athenahealth (NASDAQ:ATHN) last released its earnings results on Thursday, April 27th. The health services provider reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by $0.01. athenahealth had a net margin of 1.84% and a return on equity of 5.93%. The firm had revenue of $285.40 million for the quarter, compared to analysts’ expectations of $296.49 million. During the same quarter last year, the firm posted $0.34 EPS. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. On average, equities analysts anticipate that athenahealth, Inc. will post $1.86 EPS for the current fiscal year.

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Several equities analysts recently commented on the company. UBS AG set a $123.00 price objective on athenahealth and gave the company a “buy” rating in a research note on Monday, May 1st. BidaskClub downgraded athenahealth from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Citigroup Inc. reiterated a “buy” rating and issued a $169.00 price objective (up previously from $163.00) on shares of athenahealth in a research note on Monday, July 10th. Piper Jaffray Companies reiterated a “buy” rating and issued a $152.00 price objective on shares of athenahealth in a research note on Friday, July 14th. Finally, Argus assumed coverage on athenahealth in a research note on Friday, July 7th. They issued a “hold” rating on the stock. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twelve have issued a buy rating to the company. athenahealth has an average rating of “Hold” and a consensus target price of $141.00.

A number of hedge funds have recently made changes to their positions in the company. Barton Investment Management boosted its stake in shares of athenahealth by 3.9% in the first quarter. Barton Investment Management now owns 225,346 shares of the health services provider’s stock valued at $25,394,000 after buying an additional 8,511 shares during the last quarter. Riverbridge Partners LLC boosted its stake in shares of athenahealth by 2.0% in the first quarter. Riverbridge Partners LLC now owns 1,057,142 shares of the health services provider’s stock valued at $119,129,000 after buying an additional 20,971 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of athenahealth during the first quarter valued at approximately $473,000. Fox Run Management L.L.C. boosted its stake in shares of athenahealth by 27.3% in the first quarter. Fox Run Management L.L.C. now owns 6,621 shares of the health services provider’s stock valued at $746,000 after buying an additional 1,421 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of athenahealth by 169.2% in the first quarter. Bank of Montreal Can now owns 44,156 shares of the health services provider’s stock valued at $4,976,000 after buying an additional 27,753 shares during the last quarter.

athenahealth Company Profile

athenahealth, Inc provides network-based medical record, revenue cycle, patient engagement, care coordination and population health services. The Company also offers Epocrates and other point-of-care mobile applications. The Company delivers majority of its service offerings through a single instance of cloud-based software, athenaNet.

Insider Buying and Selling by Quarter for athenahealth (NASDAQ:ATHN)

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