Sei Investments Co. lowered its stake in Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) by 6.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 755,617 shares of the software maker’s stock after selling 56,240 shares during the period. Sei Investments Co. owned approximately 0.42% of Allscripts Healthcare Solutions worth $10,751,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDRX. TimesSquare Capital Management LLC increased its holdings in shares of Allscripts Healthcare Solutions by 1,322.5% in the second quarter. TimesSquare Capital Management LLC now owns 4,039,900 shares of the software maker’s stock worth $51,549,000 after buying an additional 3,755,900 shares during the period. Fisher Asset Management LLC purchased a new position in Allscripts Healthcare Solutions during the 3rd quarter valued at about $33,351,000. Dimensional Fund Advisors LP increased its holdings in Allscripts Healthcare Solutions by 26.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 9,171,285 shares of the software maker’s stock valued at $117,026,000 after purchasing an additional 1,943,496 shares during the period. Mesirow Financial Investment Management Equity Management purchased a new position in Allscripts Healthcare Solutions during the 2nd quarter valued at about $18,797,000. Finally, State Street Corp increased its holdings in Allscripts Healthcare Solutions by 28.6% during the 2nd quarter. State Street Corp now owns 5,975,551 shares of the software maker’s stock valued at $76,251,000 after purchasing an additional 1,330,721 shares during the period.

In other Allscripts Healthcare Solutions news, CEO Paul Black sold 15,000 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $13.52, for a total transaction of $202,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Brian Farley sold 5,000 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $13.52, for a total transaction of $67,600.00. Following the sale, the executive vice president now owns 196,607 shares of the company’s stock, valued at $2,658,126.64. The disclosure for this sale can be found here. Over the last three months, insiders sold 35,000 shares of company stock worth $473,800. Insiders own 0.91% of the company’s stock.

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A number of brokerages recently issued reports on MDRX. Zacks Investment Research downgraded Allscripts Healthcare Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. SunTrust Banks, Inc. restated a “buy” rating and set a $16.00 price target on shares of Allscripts Healthcare Solutions in a report on Friday, November 3rd. Maxim Group restated a “buy” rating and set a $16.00 price target on shares of Allscripts Healthcare Solutions in a report on Friday, November 3rd. Robert W. Baird boosted their price target on Allscripts Healthcare Solutions from $16.00 to $17.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. Finally, KeyCorp restated a “hold” rating on shares of Allscripts Healthcare Solutions in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $15.06.

Shares of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) opened at $13.26 on Monday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.98 and a quick ratio of 0.98. Allscripts Healthcare Solutions, Inc. has a 12-month low of $10.19 and a 12-month high of $14.45. The company has a market capitalization of $2,395.83, a P/E ratio of 30.84, a PEG ratio of 2.36 and a beta of 1.35.

Allscripts Healthcare Solutions Profile

Allscripts Healthcare Solutions, Inc (Allscripts) delivers information technology (IT) solutions and services to help healthcare organizations. The Company operates through three segments: Clinical and Financial Solutions, Population Health, and Netsmart. The Clinical and Financial Solutions segment includes the sale of integrated clinical software applications and financial and information solutions.

Institutional Ownership by Quarter for Allscripts Healthcare Solutions (NASDAQ:MDRX)

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