Could Athenahealth Inc (NASDAQ:ATHN) Go Down After Its Newest Short Interest Report?

November 10, 2018 - By Bradley Stiles

athenahealth, Inc. (NASDAQ:ATHN) Logo

Investors sentiment decreased to 1.2 in Q2 2018. Its down 0.10, from 1.3 in 2018Q1. It is negative, as 39 investors sold athenahealth, Inc. shares while 63 reduced holdings. 49 funds opened positions while 73 raised stakes. 39.58 million shares or 10.95% less from 44.45 million shares in 2018Q1 were reported.
Captrust Fin has 845 shares for 0.01% of their portfolio. Assetmark accumulated 243 shares. Wealthtrust accumulated 129 shares or 0.01% of the stock. Jane Street Gru Limited Liability Company reported 11,134 shares. Vanguard Grp Inc stated it has 0.02% of its portfolio in athenahealth, Inc. (NASDAQ:ATHN). M&T State Bank Corp reported 1,667 shares. Huntington Bancorp holds 0.15% or 55,306 shares in its portfolio. Bell State Bank reported 4,423 shares or 0.22% of all its holdings. Rmb Capital Mngmt Ltd Llc owns 0.04% invested in athenahealth, Inc. (NASDAQ:ATHN) for 10,762 shares. Symphony Asset Lc owns 5,581 shares for 0.16% of their portfolio. Advisory Network Limited reported 391 shares. Comml Bank Of Nova Scotia stated it has 56,900 shares. Fairfield Bush & Co has invested 0.22% of its portfolio in athenahealth, Inc. (NASDAQ:ATHN). Toronto Dominion Bank reported 442,300 shares. First Quadrant Lp Ca owns 0% invested in athenahealth, Inc. (NASDAQ:ATHN) for 900 shares.

Since May 16, 2018, it had 0 buys, and 6 insider sales for $1.01 million activity. Another trade for 1,107 shares valued at $165,383 was sold by Haley Daniel P. $751,594 worth of athenahealth, Inc. (NASDAQ:ATHN) shares were sold by Bush Jonathan.

The stock of Athenahealth Inc (NASDAQ:ATHN) registered a decrease of 14.72% in short interest. ATHN’s total short interest was 1.27 million shares in November as published by FINRA. Its down 14.72% from 1.49 million shares, reported previously. With 446,000 shares average volume, it will take short sellers 3 days to cover their ATHN’s short positions.

The stock decreased 3.63% or $4.53 during the last trading session, reaching $120.35. About 857,121 shares traded or 49.38% up from the average. athenahealth, Inc. (NASDAQ:ATHN) has risen 10.27% since November 10, 2017 and is uptrending. It has underperformed by 5.35% the S&P500.

athenahealth, Inc., together with its subsidiaries, provides network medical record, revenue cycle, patient engagement, care coordination, and population health services for medical groups and health systems. The company has market cap of $4.87 billion. It offers athenaCollector, a network-enabled billing and practice management solution; athenaClinicals, an electronic health record for electronic health record management to help manage patientÂ’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. It has a 44.02 P/E ratio. The firm also provides athenahealth Population Health, a cloud population health service; and Epocrates service that include clinical information and decision support services in the areas of drug and disease information, medical calculator and tools, clinical guidelines, clinical messaging, and market research.

athenahealth, Inc. (NASDAQ:ATHN) Ratings Coverage

Among 10 analysts covering Athenahealth (NASDAQ:ATHN), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Athenahealth had 13 analyst reports since May 14, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Monday, May 14 by Cantor Fitzgerald. On Tuesday, July 31 the stock rating was maintained by Canaccord Genuity with “Hold”. The stock has “Overweight” rating by PiperJaffray on Wednesday, June 6. The rating was maintained by Oppenheimer on Tuesday, June 12 with “Outperform”. The rating was maintained by Leerink Swann on Thursday, June 7 with “Market Perform”. The rating was maintained by Cantor Fitzgerald with “Hold” on Thursday, May 24. On Tuesday, May 22 the stock rating was maintained by Deutsche Bank with “Hold”. As per Tuesday, May 15, the company rating was downgraded by Berenberg. The company was maintained on Tuesday, June 19 by Oppenheimer. The firm has “Hold” rating by Citigroup given on Wednesday, June 6.

More notable recent athenahealth, Inc. (NASDAQ:ATHN) news were published by: Streetinsider.com which released: “Athenahealth (ATHN) Announces New Time For Q3 Earnings Release” on November 01, 2018, also Benzinga.com with their article: “Earnings Scheduled For November 9, 2018” published on November 09, 2018, Globenewswire.com published: “athenahealth Announces Third Quarter 2018 Earnings Conference Call” on October 15, 2018. More interesting news about athenahealth, Inc. (NASDAQ:ATHN) were released by: Seekingalpha.com and their article: “Athenahealth Q3 top line up 9%; earnings up 65%” published on November 09, 2018 as well as Seekingalpha.com‘s news article titled: “Athenahealth receives bids, shares up 3%” with publication date: October 26, 2018.

athenahealth, Inc. (NASDAQ:ATHN) Ratings Chart

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