Computer Programs & Systems, Inc. (NASDAQ:CPSI) COO Christopher L. Fowler sold 1,252 shares of the stock in a transaction on Wednesday, March 21st. The shares were sold at an average price of $29.25, for a total value of $36,621.00. Following the transaction, the chief operating officer now directly owns 51,659 shares in the company, valued at $1,511,025.75. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of Computer Programs & Systems stock traded up $0.20 during trading on Thursday, reaching $30.20. The company had a trading volume of 46,513 shares, compared to its average volume of 76,201. Computer Programs & Systems, Inc. has a one year low of $26.05 and a one year high of $36.15. The company has a market cap of $412.02, a PE ratio of -23.78, a P/E/G ratio of 1.64 and a beta of 0.08. The company has a current ratio of 1.42, a quick ratio of 1.38 and a debt-to-equity ratio of 1.00.

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Computer Programs & Systems (NASDAQ:CPSI) last announced its earnings results on Thursday, February 8th. The company reported $0.63 EPS for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.17. Computer Programs & Systems had a positive return on equity of 12.06% and a negative net margin of 6.29%. The company had revenue of $78.10 million for the quarter, compared to analysts’ expectations of $69.24 million. During the same period last year, the firm earned $0.35 EPS. Computer Programs & Systems’s revenue for the quarter was up 21.0% compared to the same quarter last year. equities research analysts anticipate that Computer Programs & Systems, Inc. will post 1.67 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Thursday, February 22nd were issued a $0.10 dividend. The ex-dividend date was Wednesday, February 21st. This represents a $0.40 dividend on an annualized basis and a yield of 1.32%. Computer Programs & Systems’s dividend payout ratio is currently -31.50%.

A number of institutional investors have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA raised its holdings in Computer Programs & Systems by 57.2% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 6,001 shares of the company’s stock worth $177,000 after purchasing an additional 2,183 shares during the period. GSA Capital Partners LLP increased its stake in Computer Programs & Systems by 12.8% in the 3rd quarter. GSA Capital Partners LLP now owns 22,900 shares of the company’s stock worth $677,000 after buying an additional 2,600 shares in the last quarter. Principal Financial Group Inc. increased its stake in Computer Programs & Systems by 3.3% in the 3rd quarter. Principal Financial Group Inc. now owns 84,027 shares of the company’s stock worth $2,483,000 after buying an additional 2,692 shares in the last quarter. Raymond James & Associates increased its stake in Computer Programs & Systems by 43.4% in the 4th quarter. Raymond James & Associates now owns 11,017 shares of the company’s stock worth $331,000 after buying an additional 3,336 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in Computer Programs & Systems by 16.9% in the 4th quarter. Rhumbline Advisers now owns 26,358 shares of the company’s stock worth $792,000 after buying an additional 3,813 shares in the last quarter. 92.43% of the stock is currently owned by institutional investors.

CPSI has been the topic of several research analyst reports. BidaskClub cut Computer Programs & Systems from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 12th. Citigroup initiated coverage on Computer Programs & Systems in a report on Thursday, January 4th. They set a “neutral” rating on the stock. Zacks Investment Research cut Computer Programs & Systems from a “hold” rating to a “sell” rating in a report on Tuesday, January 16th. KeyCorp reissued a “sell” rating and set a $23.00 price target on shares of Computer Programs & Systems in a report on Wednesday, January 31st. Finally, Cantor Fitzgerald reissued a “hold” rating and set a $32.00 price target on shares of Computer Programs & Systems in a report on Thursday, February 8th. Two analysts have rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. Computer Programs & Systems has a consensus rating of “Hold” and an average target price of $31.33.

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Computer Programs & Systems Company Profile

Computer Programs and Systems, Inc (CPSI) is a provider of healthcare information technology (IT) solutions for rural and community hospitals, and post-acute care facilities. The Company’s segments include acute care EHR, post-acute care EHR, and TruBridge, Rycan, and other outsourcing. Its Acute Care EHR segment consists of acute care software solutions and supports sales generated by its subsidiaries, Evident, LLC (Evident) and Healthland Inc (Healthland).

Insider Buying and Selling by Quarter for Computer Programs & Systems (NASDAQ:CPSI)

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