Invictus RG grew its position in shares of Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) by 111.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,919 shares of the software maker’s stock after acquiring an additional 14,203 shares during the quarter. Invictus RG’s holdings in Allscripts Healthcare Solutions were worth $383,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Sheaff Brock Investment Advisors LLC purchased a new stake in shares of Allscripts Healthcare Solutions in the third quarter worth about $174,000. OxFORD Asset Management LLP boosted its position in shares of Allscripts Healthcare Solutions by 6.6% in the third quarter. OxFORD Asset Management LLP now owns 821,383 shares of the software maker’s stock worth $11,760,000 after buying an additional 50,581 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Allscripts Healthcare Solutions by 3.7% in the third quarter. Dimensional Fund Advisors LP now owns 9,508,667 shares of the software maker’s stock worth $135,308,000 after buying an additional 337,382 shares during the period. WINTON GROUP Ltd purchased a new stake in shares of Allscripts Healthcare Solutions in the third quarter worth about $4,037,000. Finally, Trexquant Investment LP purchased a new stake in shares of Allscripts Healthcare Solutions in the third quarter worth about $384,000.

Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) opened at $13.97 on Wednesday. The company has a market capitalization of $2,563.86, a PE ratio of 33.00, a P/E/G ratio of 2.53 and a beta of 1.34. Allscripts Healthcare Solutions Inc has a 1-year low of $10.19 and a 1-year high of $14.51. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.20.

In other Allscripts Healthcare Solutions news, SVP James Hewitt sold 36,796 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $14.11, for a total transaction of $519,191.56. Following the transaction, the senior vice president now owns 181,766 shares of the company’s stock, valued at approximately $2,564,718.26. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Paul Black sold 15,000 shares of the stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $13.52, for a total value of $202,800.00. The disclosure for this sale can be found here. Insiders sold 71,796 shares of company stock valued at $992,992 in the last three months. 0.91% of the stock is currently owned by company insiders.

Several brokerages have recently weighed in on MDRX. Zacks Investment Research raised Allscripts Healthcare Solutions from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Cantor Fitzgerald raised Allscripts Healthcare Solutions from a “neutral” rating to an “overweight” rating and set a $12.00 target price for the company in a research report on Tuesday, August 15th. Royal Bank Of Canada assumed coverage on Allscripts Healthcare Solutions in a research report on Tuesday, September 19th. They issued an “outperform” rating and a $17.00 target price for the company. Dougherty & Co reissued a “buy” rating and issued a $16.00 price target (up previously from $15.00) on shares of Allscripts Healthcare Solutions in a report on Tuesday, October 3rd. Finally, Jefferies Group set a $17.00 price target on Allscripts Healthcare Solutions and gave the company a “buy” rating in a report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $15.06.

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Allscripts Healthcare Solutions Profile

Allscripts Healthcare Solutions, Inc (Allscripts) delivers information technology (IT) solutions and services to help healthcare organizations. The Company operates through three segments: Clinical and Financial Solutions, Population Health, and Netsmart. The Clinical and Financial Solutions segment includes the sale of integrated clinical software applications and financial and information solutions.

Institutional Ownership by Quarter for Allscripts Healthcare Solutions (NASDAQ:MDRX)

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