Allscripts Healthcare Solutions Inc (MDRX) Shares Sold by Sei Investments Co.
Sei Investments Co. decreased its stake in shares of Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) by 11.6% during the 4th quarter, Holdings Channel reports. The firm owned 667,834 shares of the software maker’s stock after selling 87,783 shares during the quarter. Sei Investments Co.’s holdings in Allscripts Healthcare Solutions were worth $9,716,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of MDRX. Systematic Financial Management LP lifted its position in shares of Allscripts Healthcare Solutions by 1,215.3% during the third quarter. Systematic Financial Management LP now owns 1,853,300 shares of the software maker’s stock worth $26,372,000 after purchasing an additional 1,712,395 shares during the last quarter. State Street Corp lifted its position in shares of Allscripts Healthcare Solutions by 28.6% during the second quarter. State Street Corp now owns 5,975,551 shares of the software maker’s stock worth $76,251,000 after purchasing an additional 1,330,721 shares during the last quarter. Janney Capital Management LLC lifted its position in shares of Allscripts Healthcare Solutions by 239.8% during the third quarter. Janney Capital Management LLC now owns 997,009 shares of the software maker’s stock worth $14,187,000 after purchasing an additional 703,598 shares during the last quarter. Community Trust & Investment Co. acquired a new stake in Allscripts Healthcare Solutions during the fourth quarter worth about $8,693,000. Finally, Dalton Greiner Hartman Maher & Co. raised its stake in Allscripts Healthcare Solutions by 18.4% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 2,990,902 shares of the software maker’s stock worth $43,518,000 after acquiring an additional 465,037 shares during the period.
In other Allscripts Healthcare Solutions news, SVP James Hewitt sold 36,796 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $14.11, for a total value of $519,191.56. Following the sale, the senior vice president now owns 181,766 shares in the company, valued at $2,564,718.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Brian Farley sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $14.35, for a total transaction of $71,750.00. Following the completion of the sale, the executive vice president now owns 191,607 shares in the company, valued at approximately $2,749,560.45. The disclosure for this sale can be found here. Insiders sold 56,796 shares of company stock worth $804,842 in the last 90 days. 0.75% of the stock is owned by company insiders.
Shares of Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) opened at $13.85 on Friday. Allscripts Healthcare Solutions Inc has a 12 month low of $11.25 and a 12 month high of $16.12. The company has a market cap of $2,502.43, a P/E ratio of 29.47, a price-to-earnings-growth ratio of 2.09 and a beta of 1.18. The company has a quick ratio of 0.98, a current ratio of 0.97 and a debt-to-equity ratio of 1.33.
Allscripts Healthcare Solutions (NASDAQ:MDRX) last announced its quarterly earnings results on Thursday, February 15th. The software maker reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. Allscripts Healthcare Solutions had a negative net margin of 10.88% and a positive return on equity of 7.36%. The company had revenue of $547.00 million for the quarter, compared to analyst estimates of $524.05 million. During the same quarter last year, the business earned $0.14 earnings per share. Allscripts Healthcare Solutions’s revenue was up 27.5% compared to the same quarter last year. equities research analysts forecast that Allscripts Healthcare Solutions Inc will post 0.57 EPS for the current fiscal year.
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About Allscripts Healthcare Solutions
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.
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