athenahealth, Inc. (NASDAQ:ATHN) CEO Jonathan Bush sold 4,000 shares of athenahealth stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $124.17, for a total transaction of $496,680.00. Following the transaction, the chief executive officer now owns 319,807 shares in the company, valued at approximately $39,710,435.19. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Jonathan Bush also recently made the following trade(s):

  • On Friday, September 1st, Jonathan Bush sold 4,000 shares of athenahealth stock. The shares were sold at an average price of $139.77, for a total value of $559,080.00.
  • On Tuesday, August 1st, Jonathan Bush sold 4,000 shares of athenahealth stock. The shares were sold at an average price of $143.31, for a total value of $573,240.00.

athenahealth, Inc. (ATHN) traded down 1.51% during midday trading on Tuesday, hitting $123.51. The company had a trading volume of 499,349 shares. The company has a market cap of $4.93 billion, a P/E ratio of 156.74 and a beta of 1.76. The company’s 50 day moving average is $132.79 and its 200-day moving average is $129.75. athenahealth, Inc. has a one year low of $90.11 and a one year high of $158.66.

athenahealth (NASDAQ:ATHN) last released its earnings results on Thursday, July 20th. The health services provider reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.12. athenahealth had a net margin of 2.80% and a return on equity of 6.91%. The business had revenue of $301.10 million during the quarter, compared to analysts’ expectations of $298.68 million. During the same quarter last year, the company earned $0.34 earnings per share. The firm’s revenue was up 15.0% on a year-over-year basis. On average, equities analysts predict that athenahealth, Inc. will post $1.91 EPS for the current year.

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Several research analysts have commented on ATHN shares. TheStreet raised athenahealth from a “c” rating to a “b-” rating in a research report on Thursday, July 20th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $190.00 target price (up previously from $130.00) on shares of athenahealth in a research report on Saturday, July 22nd. Evercore ISI reaffirmed an “outperform” rating and issued a $163.00 target price (up previously from $155.00) on shares of athenahealth in a research report on Saturday, July 22nd. UBS AG reiterated a “positive” rating and issued a $175.00 target price (up previously from $157.00) on shares of athenahealth in a research note on Monday, July 24th. Finally, First Analysis lowered athenahealth from an “equal weight” rating to an “underweight” rating and increased their target price for the company from $99.00 to $125.00 in a research note on Monday, July 24th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the stock. athenahealth has an average rating of “Hold” and a consensus price target of $149.91.

A number of institutional investors have recently bought and sold shares of the business. Comerica Bank lifted its position in shares of athenahealth by 0.6% in the 1st quarter. Comerica Bank now owns 2,487 shares of the health services provider’s stock worth $302,000 after acquiring an additional 14 shares during the period. Advisor Group Inc. increased its position in shares of athenahealth by 2.8% during the second quarter. Advisor Group Inc. now owns 1,744 shares of the health services provider’s stock valued at $244,000 after purchasing an additional 47 shares during the period. Seven Bridges Advisors LLC raised its stake in shares of athenahealth by 5.4% in the second quarter. Seven Bridges Advisors LLC now owns 1,303 shares of the health services provider’s stock valued at $183,000 after purchasing an additional 67 shares in the last quarter. Teacher Retirement System of Texas raised its stake in shares of athenahealth by 2.2% in the second quarter. Teacher Retirement System of Texas now owns 3,156 shares of the health services provider’s stock valued at $444,000 after purchasing an additional 67 shares in the last quarter. Finally, State of Wisconsin Investment Board raised its stake in shares of athenahealth by 0.9% in the second quarter. State of Wisconsin Investment Board now owns 7,868 shares of the health services provider’s stock valued at $1,106,000 after purchasing an additional 70 shares in 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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