Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) saw unusually large options trading activity on Friday. Stock traders acquired 1,329 put options on the stock. This is an increase of approximately 1,036% compared to the average volume of 117 put options.

Allscripts Healthcare Solutions (NASDAQ:MDRX) opened at $14.15 on Monday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.20. Allscripts Healthcare Solutions has a 12 month low of $10.19 and a 12 month high of $14.45. The stock has a market cap of $2,556.64, a price-to-earnings ratio of 32.91, a P/E/G ratio of 2.52 and a beta of 1.35.

MDRX has been the topic of several research analyst reports. KeyCorp reissued a “hold” rating on shares of Allscripts Healthcare Solutions in a research report on Friday, October 27th. Zacks Investment Research cut shares of Allscripts Healthcare Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, November 8th. Robert W. Baird lifted their price objective on shares of Allscripts Healthcare Solutions from $16.00 to $17.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd. Cowen Inc upgraded shares of Allscripts Healthcare Solutions from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $13.00 to $16.00 in a research note on Monday, September 11th. Finally, SunTrust Banks, Inc. restated a “buy” rating and set a $16.00 price objective on shares of Allscripts Healthcare Solutions in a research note on Friday, November 3rd. One equities research 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 a consensus rating of “Hold” and a consensus target price of $15.06.

In other Allscripts Healthcare Solutions news, EVP Brian Farley sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $13.52, for a total transaction of $67,600.00. Following the sale, the executive vice president now owns 196,607 shares of the company’s stock, valued at approximately $2,658,126.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Paul Black sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $13.52, for a total transaction of $202,800.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 35,000 shares of company stock worth $473,800. 0.75% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of MDRX. KCG Holdings Inc. lifted its stake in shares of Allscripts Healthcare Solutions by 12.6% in the 1st quarter. KCG Holdings Inc. now owns 19,805 shares of the software maker’s stock valued at $251,000 after purchasing an additional 2,213 shares during the period. Bank of Montreal Can lifted its stake in shares of Allscripts Healthcare Solutions by 6.9% in the 2nd quarter. Bank of Montreal Can now owns 10,603 shares of the software maker’s stock valued at $135,000 after purchasing an additional 689 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in shares of Allscripts Healthcare Solutions by 4.3% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 68,182 shares of the software maker’s stock valued at $870,000 after purchasing an additional 2,826 shares during the period. LS Investment Advisors LLC lifted its stake in shares of Allscripts Healthcare Solutions by 16.8% in the 2nd quarter. LS Investment Advisors LLC now owns 14,925 shares of the software maker’s stock valued at $190,000 after purchasing an additional 2,150 shares during the period. Finally, Louisiana State Employees Retirement System lifted its stake in shares of Allscripts Healthcare Solutions by 3.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 47,300 shares of the software maker’s stock valued at $604,000 after purchasing an additional 1,700 shares during the period.

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Allscripts Healthcare Solutions Company 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.

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