Allscripts Healthcare Solutions Inc (MDRX) Short Interest Update
Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) saw a large drop in short interest in the month of December. As of December 29th, there was short interest totalling 12,798,732 shares, a drop of 17.3% from the December 15th total of 15,484,326 shares. Currently, 7.2% of the shares of the company are short sold. Based on an average daily volume of 1,613,629 shares, the short-interest ratio is presently 7.9 days.
In other news, EVP Brian Farley sold 5,000 shares of the stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $14.35, for a total transaction of $71,750.00. Following the sale, the executive vice president now directly owns 191,607 shares of the company’s stock, valued at approximately $2,749,560.45. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, President Richard J. Poulton sold 15,000 shares of the stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $14.26, for a total transaction of $213,900.00. Following the sale, the president now directly owns 1,351,773 shares in the company, valued at $19,276,282.98. The disclosure for this sale can be found here. Insiders have sold a total of 56,796 shares of company stock worth $804,842 over the last ninety days. 0.91% of the stock is owned by insiders.
Institutional investors have recently modified their holdings of the stock. ETF Managers Group LLC purchased a new position in Allscripts Healthcare Solutions in the 2nd quarter valued at about $152,000. Shelton Capital Management purchased a new position in Allscripts Healthcare Solutions in the 2nd quarter valued at about $170,000. Sheaff Brock Investment Advisors LLC purchased a new position in Allscripts Healthcare Solutions in the 3rd quarter valued at about $174,000. Crossmark Global Holdings Inc. purchased a new position in Allscripts Healthcare Solutions in the 3rd quarter valued at about $187,000. Finally, Riverhead Capital Management LLC lifted its stake in Allscripts Healthcare Solutions by 74.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 15,484 shares of the software maker’s stock valued at $198,000 after buying an additional 6,584 shares in the last quarter.
Allscripts Healthcare Solutions (MDRX) opened at $16.03 on Friday. The firm has a market cap of $2,900.00, a PE ratio of -13.82, a P/E/G ratio of 2.17 and a beta of 1.32. Allscripts Healthcare Solutions has a 12 month low of $11.01 and a 12 month high of $16.12. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.20.
WARNING: “Allscripts Healthcare Solutions Inc (MDRX) Short Interest Update” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another site, it was stolen and reposted in violation of international trademark & copyright law. The original version of this news story can be read at https://www.thecerbatgem.com/2018/01/13/allscripts-healthcare-solutions-inc-mdrx-short-interest-update.html.
Allscripts Healthcare Solutions Company 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.
Receive News & Stock Ratings for Allscripts Healthcare Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allscripts Healthcare Solutions and related stocks with our FREE daily email newsletter.