athenahealth Inc. (NASDAQ:ATHN) SVP Bradford Kyle Armbrester sold 2,545 shares of athenahealth stock in a transaction dated Monday, October 10th. The shares were sold at an average price of $130.00, for a total transaction of $330,850.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

athenahealth Inc. (NASDAQ:ATHN) opened at 127.30 on Thursday. The firm has a 50-day moving average of $123.62 and a 200 day moving average of $129.75. The firm has a market capitalization of $5.01 billion, a PE ratio of 468.01 and a beta of 1.28. athenahealth Inc. has a 52 week low of $114.59 and a 52 week high of $170.42.

athenahealth (NASDAQ:ATHN) last announced its quarterly earnings data on Thursday, July 21st. The company reported $0.34 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by $0.08. athenahealth had a return on equity of 5.16% and a net margin of 1.06%. The firm had revenue of $261.90 million for the quarter, compared to the consensus estimate of $274.07 million. Analysts predict that athenahealth Inc. will post $1.77 earnings per share for the current year.

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

A number of large investors have recently modified their holdings of ATHN. Glenmede Trust Co. NA raised its stake in shares of athenahealth by 66.3% in the first quarter. Glenmede Trust Co. NA now owns 6,253 shares of the company’s stock valued at $867,000 after buying an additional 2,492 shares in the last quarter. Aperio Group LLC raised its stake in shares of athenahealth by 11.6% in the first quarter. Aperio Group LLC now owns 3,429 shares of the company’s stock valued at $476,000 after buying an additional 357 shares in the last quarter. Pacad Investment Ltd. bought a new stake in shares of athenahealth during the first quarter valued at $222,000. Franklin Resources Inc. raised its stake in shares of athenahealth by 10.8% in the first quarter. Franklin Resources Inc. now owns 544,811 shares of the company’s stock valued at $75,609,000 after buying an additional 53,300 shares in the last quarter. Finally, BlackRock Inc. raised its stake in shares of athenahealth by 273.8% in the first quarter. BlackRock Inc. now owns 4,508 shares of the company’s stock valued at $625,000 after buying an additional 3,302 shares in the last quarter.

A number of brokerages have weighed in on ATHN. Evercore ISI upgraded shares of athenahealth from a “hold” rating to a “buy” rating and set a $152.00 price target for the company in a research report on Monday. Stifel Nicolaus assumed coverage on shares of athenahealth in a research note on Wednesday, August 31st. They issued a “hold” rating for the company. Zacks Investment Research raised shares of athenahealth from a “sell” rating to a “hold” rating in a research note on Thursday, August 4th. Jefferies Group reissued an “underperform” rating and issued a $105.00 price objective on shares of athenahealth in a research note on Monday, July 25th. Finally, Morgan Stanley lowered their price objective on shares of athenahealth from $186.00 to $153.00 and set an “overweight” rating for the company in a research note on Monday, July 25th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $149.70.

About athenahealth

athenahealth, Inc is a provider of cloud-based services and mobile applications for medical groups and health systems. The Company delivers cloud-based services for revenue cycle management and medical billing, electronic health records (EHR), patient engagement, care coordination, order transmission, population health management, and clinical decision support.

5 Day Chart for NASDAQ:ATHN

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