Tuesday, 18 September, 2018
´╗┐

At Athenahealth, CEO is out and company may be up for sale

Athenahealth CEO steps down in wake of past abuse allegations Modal Trigger Jonathan Bush Getty Images
Patty Aguilar | 08 June, 2018, 23:47

It has change of 0.30, from 2017Q4's 1. It improved, as 23 investors sold athenahealth, Inc. shares while 65 reduced holdings. 53 funds acquired stakes and 61 increased stakes. Citigroup Inc reported 2,376 shs. Moreover, Hanson And Doremus Inv Mngmt has 0.01% invested in athenahealth, Inc.

Athenahealth has also been battling with Elliott Management Corp., a hedge fund that has been pushing for significant change at the company created to make it more valuable.

Athenahealth declined to make Bush available for an interview. Winslow Evans & Crocker Incorporated has invested 0% in athenahealth, Inc. (NASDAQ:ATHN). 391 were accumulated by Advisory Service Networks Ltd Llc. (NASDAQ:ATHN) news brought out recently go to: Streetinsider.com, Bizjournals.com, Seekingalpha.com, Seekingalpha.com or Streetinsider.com. (NASDAQ:ATHN). Oppenheimer Asset Management Incorporated stated it has 0.12% of its portfolio in athenahealth, Inc. First Republic Inv Mgmt, a California-based fund reported 9,329 shares. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.71 and a quick ratio of 2.71.

Since January 2, 2018, it had 2 buys, and 23 sales for $12.40 million activity. IMMELT JEFFREY R bought $507,744 worth of stock or 3,600 shares. Bush's departure is effective immediately. (NASDAQ:ATHN). 503,994 were accumulated by Arrowmark Colorado Limited Liability Co. Hull Brandon H also sold $86,849 worth of athenahealth, Inc. On Thursday, March 1 the insider Haley Daniel P sold $157,765. Armbrester Bradford Kyle sold $309,995 worth of stock.

They now have a $179 target price on athenahealth (NASDAQ:ATHN). This target by Cantor Fitzgerald would suggest the possibile downside of -11.08 % from the close price. Berenberg Bank downgraded athenahealth from a "buy" rating to a "hold" rating and raised their price objective for the company from $143.00 to $163.00 in a report on Tuesday, May 15th. Therefore 29% are positive. The firm has $179 highest while $130.0 is the lowest price target. The stock presently has an average rating of "Hold" and a consensus price target of $129.32. Stifel Nicolaus maintained it with "Hold" rating and $147.0 target in Friday, February 2 report. Also, SVP Jonathan D. Porter sold 422 shares of athenahealth stock in a transaction that occurred on Monday, May 7th. The firm has "Outperform" rating given on Tuesday, May 8 by Robert W. Baird. The rating was maintained by Canaccord Genuity on Monday, February 5 with "Hold". KeyBanc Capital Markets maintained athenahealth, Inc. The firm earned "Hold" rating on Wednesday, February 7 by Cantor Fitzgerald. The company was maintained on Wednesday, February 14 by Cantor Fitzgerald. (NASDAQ:ATHN) rating. JP Morgan has "Neutral" rating and $159 target. The rating was maintained by Jefferies with "Hold" on Thursday, February 1.

The stock increased 4.17% or $6.3 during the last trading session, reaching $157.44. The business's revenue for the quarter was up 15.4% compared to the same quarter last year. analysts forecast that athenahealth will post 2.92 earnings per share for the current fiscal year. 31 are the (NASDAQ:ATHN)'s analyst reports since December 8, 2017 according to StockzIntelligence Inc. ATHN outperformed the S&P 500 by 2.32%.

Paradigm Asset Mngmt Ltd invested 0% in athenahealth, Inc.

ATHN has been the topic of several analyst reports. They expect $0.62 earnings per share, up 121.43 % or $0.34 from last year's $0.28 per share. It proposed buying it for $160 a share, valuing Athenahealth at $6.46 billion, and taking it private. It offers athenaCollector, a network-enabled billing and practice management solution; athenaClinicals, an electronic health record for managing patient's clinical documentation; athenaCommunicator, an engagement and communication solution that provides an automated communication service between patients and well-known provider practices for interactions outside the exam room; and athenaCoordinator for order transmission and care coordination services.The P/E ratio is 120.33. The company has a market cap of $6.03 billion, a PE ratio of 96.28, a PEG ratio of 2.78 and a beta of 1.26.

Sei Investments Co.'s holdings in athenahealth were worth $14,282,000 at the end of the most recent reporting period.

The athenahealth board has launched a search for a new CEO.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Recommended

loading...
...
  • Lanzini Out Of World Cup With Torn ACL

    Lanzini Out Of World Cup With Torn ACL

    Argentina begin their World Cup campaign against Iceland on 16 June before games against Croatia and Nigeria in Group D. His injury is a blow for Argentina coach Jorge Sampaoli who had counted on Lanzini for his starting line up.
    Just Cause 4 confirmed, thanks to early Steam advertisement

    Just Cause 4 confirmed, thanks to early Steam advertisement

    While Just Cause 4 could potentially launch this year, Generation Zero has been confirmed for release in 2019. Just Cause 4 will be the latest addition to the Just Cause series.
    Pippa Middleton uses Waitrose column to announce pregnancy

    Pippa Middleton uses Waitrose column to announce pregnancy

    It's official! Pippa Middleton finally confirmed that she and husband James Matthews are expecting their first child. After Pippa Middleton's wedding yesterday to James Matthews we look back at her ex boyfriends who missed out.
  • Trade spat looms as Trump heads for hostile G7

    Canada is waiting until the end of the month to apply them with the hope the Trump administration will reconsider. Canada and other USA allies are retaliating with tariffs on US exports.
    President Donald Trump considers pardon for Muhammad Ali

    President Donald Trump considers pardon for Muhammad Ali

    Ali's legal fight ended in 1971, when the Supreme Court ruled in his favour, reversing his conviction on a technicality. Ali was born Cassius Clay, and changed his name after converting to Islam in the 1960s.
    Kim Kardashian Gives First Interview About Meeting with Trump

    Kim Kardashian Gives First Interview About Meeting with Trump

    Prosecutors opposed a pending reduction in her sentence, citing federal guidelines based on the large quantity of drugs involved. Why Kardashian advocated for Alice Johnson during her visit with President Trump and what you need to know about prison reform.
  • Pennsylvania students given bulletproof backpack panels

    Pennsylvania students given bulletproof backpack panels

    They appeared "unsure just what to make of their "welcome to high school" gifts", said FOX 29's Bruce Gordon. Anti-gun activist David Hogg saw it as further proof that the U.S. needs more restrictive gun laws.
    Trump will stay at G7 for women's rights, but not ecology

    Trump will stay at G7 for women's rights, but not ecology

    Trump's comment on Twitter sets the stage for what could be an uncomfortable confrontation over economic policy on Friday. Trump claims France, Canada and other nations are taking advantage of the US on trade.
    CDC report reveals more than 45,000 Americans took their own lives in 2016

    CDC report reveals more than 45,000 Americans took their own lives in 2016

    The analysis found that slightly more than half the people who had died by suicide did not have any known mental-health condition. Problems with relationships, physical health, money, jobs or housing can lead people to take their own lives, the report stated.
  • Bison gores woman in Yellowstone National Park's third animal attack this week

    Some of the visitors got even closer, agitating the bison and provoking it to cross the boardwalk and charge into Hancock. In a little over a month, four people have been injured by wildlife in Yellowstone.
    'Gator sought after report of possible attack in Florida

    'Gator sought after report of possible attack in Florida

    Raw video: Police in Davie, Florida search for woman who was allegedly taken by gator into lake while walking her dog. A woman is missing after reportedly being attacked by an alligator and dragged into a pond in South Florida .
    Garbaine Muguruza rolls over Maria Sharapova

    Garbaine Muguruza rolls over Maria Sharapova

    The victor earns a berth in the final at Roland Garros - plus the No 1 ranking that now belongs to Halep. Still chasing a maiden major trophy, top-ranked Simona Halep takes on 12th-seeded Angelique Kerber .

Hurricanes Are Moving Slower-And That's a Huge Problem Hurricanes Are Moving Slower-And That's a Huge Problem National Oceanic and Atmospheric Administration made a decision to look back in time, to see what happened in the past. Between 1949 and 2016, tropical cyclone translation speeds declined 10 percent worldwide, the study says.

Jennifer Lawrence is reportedly dating a NY art gallery director Jennifer Lawrence is reportedly dating a NY  art gallery director According to their latest information, the actress is Dating 33-year-old Director of the art gallery of NY cook Maroni. The last time they together attended the ceremony Governors Awards 2017, held on November 11 in Hollywood.

Melania Trump First Official Look Following Surgery Melania Trump First Official Look Following Surgery But video posted on Twitter showed the first lady strolling into the East Room accompanied by the president. Kerr also made note of what he viewed as the "irony", of the Eagles getting disinvited from the White House.

'Apprentice' contestant's lawsuit against Trump to proceed - NY judge 'Apprentice' contestant's lawsuit against Trump to proceed - NY judge Wang said Zervos will seek a "full range of damages" for defamation, including for emotional harm and business loss. Trump's lawyers, meanwhile, are seeking a court order to keep some documents and information private.

Clay Guida and CM Punk visit Wrigley Field Clay Guida and CM Punk visit Wrigley Field He was specifically asked first about All In , the big independent event being promoted by the Young Bucks and Cody Rhodes. At UFC 225 on Saturday, he will look to improve his 0-1 record when he goes up against Mike "The Truth" Jackson .

Del Potro powers past Cilic to set up Rafa clash Del Potro powers past Cilic to set up Rafa clash Nadal defeated Diego Schwartzman for the opportunity to face off against Juan Martin del Potro , who beat Marin Cilic on Thursday. That said, Thiem has already been at a high level for a long time and he'll be used to this situation.

Kaepernick's Lawyers Will Try to Subpoena Trump in NFL Collusion Case Kaepernick's Lawyers Will Try to Subpoena Trump in NFL Collusion Case Overall, 61% of voters said they do not approve of Trump's handling of race relations, the poll found . He also floated a pardon for posthumous boxing great Muhammad Ali.

Senate Intel Committee veteran arrested for lying to Federal Bureau of Investigation Senate Intel Committee veteran arrested for lying to Federal Bureau of Investigation He also denied being a source for stories, adding that he did not know who was leaking classified information to the press. Wolfe with a questionnaire about his relationships with reporters, according to an indictment unsealed Thursday.

John Beilein withdraws from Pistons' head coaching search John Beilein withdraws from Pistons' head coaching search We made it a priority to sit down shortly after our tremendous run in the Final Four to discuss and solidify his future at MI . Beilein tweeted Wednesday. "Let's go hang some more banners at "THE GREATEST UNIVERSITY IN THE WORLD".

Harry Kane signs new six-year deal with Spurs Harry Kane signs new six-year deal with Spurs Kane heads into the World Cup as England captain looking to add to his two Premier League Golden Boots with an global equivalent. The striker has been named in the PFA Premier League Team of the Year for the last four seasons.

US trade deficit falls for second straight month in April US trade deficit falls for second straight month in April However, trade tensions are a threat to the overall outlook and clearly could derail the economic growth, added the economist. Data for March was also revised to show a trade deficit of $47.2 billion instead of the previously reported $49 billion.

Halloween: the reboot's first trailer She called the film " astonishingly scary " on social media, then teased to Yahoo that it goes "full-tilt boogeyman". Check out the all-new trailer above and see the film in theaters on October 19th. "They blew me away".

Essential Phone's next module adds a 3.5mm headphone jack First, it lets you use your favorite 3.5mm headphones with the Essential Phone without having to worry about a USB-C adapter. As such, Essential teamed up with Tidal to offer PH-1 owners a free three-month subscription to Tidal's HiFi tier.

NASA Curiosity rover analysing Mars rocks again FED lets Curiosity drill using the force of its robotic arm to push its drill forward and pull it back as it spins. The Curiosity Rover launched from Earth in November 2011 and landed on Martian soil on August 6, 2012.

U.S. Senate leader cancels most of August recess U.S. Senate leader cancels most of August recess The Cuomo administration said the issues raised in the bill were already dealt with in the budget adopted in March. He said lawmakers would "continue to make the case" with the president and his staff, which he noted is divided.