Veradigm (NASDAQ:MDRX) Shares Gap Down to $8.03

Veradigm Inc. (NASDAQ:MDRX)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $8.03, but opened at $7.60. Veradigm shares last traded at $7.68, with a volume of 1,758 shares traded.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on MDRX shares. Barclays started coverage on shares of Veradigm in a research report on Wednesday, January 3rd. They set an “equal weight” rating and a $11.00 price target for the company. Royal Bank of Canada dropped their price target on shares of Veradigm from $22.00 to $11.00 and set an “outperform” rating for the company in a research report on Friday, January 19th. StockNews.com started coverage on shares of Veradigm in a research report on Tuesday. They set a “hold” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $10.00 price target (down from $15.00) on shares of Veradigm in a research report on Tuesday, March 19th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, Veradigm presently has a consensus rating of “Hold” and a consensus price target of $11.25.

Veradigm Stock Up 0.1 %

The business’s fifty day moving average is $7.75 and its two-hundred day moving average is $9.92.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. TFO Wealth Partners LLC grew its holdings in shares of Veradigm by 105,280.0% in the fourth quarter. TFO Wealth Partners LLC now owns 5,269 shares of the software maker’s stock valued at $52,000 after purchasing an additional 5,264 shares in the last quarter. Gladius Capital Management LP grew its holdings in shares of Veradigm by 135.0% in the fourth quarter. Gladius Capital Management LP now owns 6,245 shares of the software maker’s stock valued at $66,000 after purchasing an additional 3,587 shares in the last quarter. Meadow Creek Wealth Advisors LLC acquired a new position in shares of Veradigm in the first quarter valued at approximately $83,000. Headlands Technologies LLC grew its holdings in shares of Veradigm by 14,907.7% in the fourth quarter. Headlands Technologies LLC now owns 9,755 shares of the software maker’s stock valued at $102,000 after purchasing an additional 9,690 shares in the last quarter. Finally, Covestor Ltd grew its holdings in shares of Veradigm by 10.3% in the third quarter. Covestor Ltd now owns 10,336 shares of the software maker’s stock valued at $136,000 after purchasing an additional 966 shares in the last quarter.

About Veradigm

Veradigm Inc, a healthcare technology company, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), information connectivity, private cloud hosting, outsourcing, analytics, patient access, and population health management solutions.