Insider Selling: athenahealth, Inc (ATHN) SVP Sells $20,178.00 in Stock

athenahealth, Inc (NASDAQ:ATHN) SVP Jonathan D. Porter sold 150 shares of the stock in a transaction that occurred on Saturday, December 29th. The shares were sold at an average price of $134.52, for a total value of $20,178.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of athenahealth, Inc (NASDAQ ATHN) traded down $0.27 during trading on Friday, reaching $135.10. The company’s stock had a trading volume of 316,000 shares, compared to its average volume of 324,233. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.67 and a quick ratio of 1.67. The stock has a market capitalization of $5,390.00, a price-to-earnings ratio of 175.45, a P/E/G ratio of 3.16 and a beta of 1.58. athenahealth, Inc has a fifty-two week low of $95.01 and a fifty-two week high of $158.66.

athenahealth (NASDAQ:ATHN) last announced its quarterly earnings data on Thursday, October 19th. The health services provider reported $0.56 EPS for the quarter, beating the consensus estimate of $0.50 by $0.06. The business had revenue of $304.60 million during the quarter, compared to analyst estimates of $310.52 million. athenahealth had a return on equity of 6.78% and a net margin of 2.65%. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 earnings per share. equities analysts expect that athenahealth, Inc will post 1.22 EPS for the current year.

A number of institutional investors have recently made changes to their positions in ATHN. Pura Vida Investments LLC increased its holdings in shares of athenahealth by 39.1% during the third quarter. Pura Vida Investments LLC now owns 59,800 shares of the health services provider’s stock valued at $7,437,000 after acquiring an additional 16,800 shares in the last quarter. California Public Employees Retirement System increased its holdings in shares of athenahealth by 1.6% during the third quarter. California Public Employees Retirement System now owns 75,000 shares of the health services provider’s stock valued at $9,327,000 after acquiring an additional 1,200 shares in the last quarter. Perceptive Advisors LLC bought a new position in shares of athenahealth during the third quarter valued at $8,705,000. Oppenheimer Asset Management Inc. increased its holdings in shares of athenahealth by 2.4% during the third quarter. Oppenheimer Asset Management Inc. now owns 31,974 shares of the health services provider’s stock valued at $3,977,000 after acquiring an additional 737 shares in the last quarter. Finally, Jackson Square Partners LLC increased its holdings in shares of athenahealth by 55.4% during the third quarter. Jackson Square Partners LLC now owns 525,738 shares of the health services provider’s stock valued at $65,380,000 after acquiring an additional 187,491 shares in the last quarter.

A number of analysts have recently weighed in on the company. Citigroup assumed coverage on athenahealth in a research note on Thursday. They set a “neutral” rating for the company. BidaskClub raised athenahealth from a “sell” rating to a “hold” rating in a research note on Saturday, December 16th. Deutsche Bank assumed coverage on athenahealth in a research note on Friday, December 8th. They set a “hold” rating and a $145.00 price objective for the company. Cantor Fitzgerald reissued a “hold” rating and set a $120.00 price objective on shares of athenahealth in a research note on Friday, October 27th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $156.00 price target on shares of athenahealth in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and nine have given a buy rating to the stock. athenahealth has a consensus rating of “Hold” and an average price target of $143.43.

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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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