athenahealth, Inc. (NASDAQ:ATHN) SVP Jonathan D. Porter sold 300 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $142.88, for a total transaction of $42,864.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Friday, July 21st, Jonathan D. Porter sold 422 shares of athenahealth stock. The shares were sold at an average price of $154.00, for a total transaction of $64,988.00.
  • On Monday, July 17th, Jonathan D. Porter sold 300 shares of athenahealth stock. The shares were sold at an average price of $143.13, for a total transaction of $42,939.00.
  • 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 transaction of $42,681.00.

Shares of athenahealth, Inc. (NASDAQ:ATHN) traded up 1.17% during midday trading on Wednesday, reaching $144.18. 193,249 shares of the company were exchanged. The stock’s 50-day moving average price is $142.53 and its 200-day moving average price is $125.93. athenahealth, Inc. has a 52-week low of $90.11 and a 52-week high of $158.66. The company has a market capitalization of $5.76 billion, a PE ratio of 182.97 and a beta of 1.77.

athenahealth (NASDAQ:ATHN) last posted its quarterly earnings results on Thursday, July 20th. The health services provider reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ 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 company had revenue of $301.10 million for the quarter, compared to the consensus estimate of $298.68 million. During the same period last year, the firm posted $0.34 EPS. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. Analysts anticipate that athenahealth, Inc. will post $1.91 EPS for the current year.

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Several brokerages have commented on ATHN. Morgan Stanley reissued an “equal weight” rating and issued a $125.00 price target (up previously from $108.00) on shares of athenahealth in a research report on Wednesday, August 2nd. SunTrust Banks, Inc. reissued a “buy” rating and issued a $170.00 price target (up previously from $150.00) on shares of athenahealth in a research report on Wednesday, August 2nd. BidaskClub cut shares of athenahealth from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Cowen and Company cut shares of athenahealth from an “outperform” rating to a “market perform” rating and raised their price target for the company from $127.00 to $133.00 in a research report on Monday, July 31st. Finally, ValuEngine raised shares of athenahealth from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $148.64.

A number of institutional investors have recently added to or reduced their stakes in ATHN. Russell Investments Group Ltd. bought a new position in athenahealth during the fourth quarter valued at approximately $118,000. Teachers Advisors LLC boosted its position in shares of athenahealth by 3.0% in the fourth quarter. Teachers Advisors LLC now owns 74,094 shares of the health services provider’s stock valued at $7,792,000 after buying an additional 2,190 shares in the last quarter. Bank of Montreal Can boosted its position 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 in the last quarter. Fox Run Management L.L.C. boosted its position 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 in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of athenahealth during the first quarter valued at about $473,000.

About athenahealth

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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