Gagnon Securities LLC Has Lowered Its Athenahealth INC (ATHN) Position by $4.00 Million

February 15, 2018 - By Vivian Park

Investors sentiment decreased to 1.09 in 2017 Q3. Its down 0.01, from 1.1 in 2017Q2. It turned negative, as 27 investors sold ATHN shares while 59 reduced holdings. 27 funds opened positions while 67 raised stakes. 45.16 million shares or 4.06% less from 47.07 million shares in 2017Q2 were reported. Moreover, Retail Bank Of America De has 0.01% invested in athenahealth, Inc. (NASDAQ:ATHN) for 371,930 shares. Sumitomo Mitsui Trust Holdg invested in 0.05% or 276,700 shares. Pnc owns 0% invested in athenahealth, Inc. (NASDAQ:ATHN) for 6,940 shares. Keybank Association Oh holds 0% or 4,103 shares. Plante Moran Financial Ltd Liability Corporation holds 427 shares. Us Bank De owns 0.01% invested in athenahealth, Inc. (NASDAQ:ATHN) for 19,272 shares. Wesbanco Fincl Bank Inc reported 12,461 shares. Citadel Advsr Ltd Llc holds 210,991 shares or 0.02% of its portfolio. The Connecticut-based Essex Fincl Services has invested 0.07% in athenahealth, Inc. (NASDAQ:ATHN). 271,080 are owned by Stephens Inv Mgmt Gru Ltd. Bancorp Of Montreal Can has invested 0.01% of its portfolio in athenahealth, Inc. (NASDAQ:ATHN). Northwestern Mutual Wealth accumulated 219 shares. Artisan Prtnrs Ltd Partnership has 0.02% invested in athenahealth, Inc. (NASDAQ:ATHN). Sivik Limited Liability stated it has 12,000 shares. Metropolitan Life Ny reported 0% stake.

Since August 15, 2017, it had 0 insider purchases, and 14 sales for $7.43 million activity. Haley Daniel P had sold 1,583 shares worth $197,180 on Sunday, October 1. Hull Brandon H also sold $112,760 worth of athenahealth, Inc. (NASDAQ:ATHN) on Friday, September 1. Bush Jonathan also sold $3.63 million worth of athenahealth, Inc. (NASDAQ:ATHN) on Monday, February 5. Porter Jonathan D. also sold $39,114 worth of athenahealth, Inc. (NASDAQ:ATHN) on Friday, September 15. The insider ROBINSON DAVID ERIC sold 5,000 shares worth $669,698.

Gagnon Securities Llc decreased its stake in Athenahealth Inc (ATHN) by 51.91% based on its latest 2017Q3 regulatory filing with the SEC. Gagnon Securities Llc sold 32,287 shares as the company’s stock rose 9.63% with the market. The institutional investor held 29,906 shares of the miscellaneous company at the end of 2017Q3, valued at $3.72 million, down from 62,193 at the end of the previous reported quarter. Gagnon Securities Llc who had been investing in Athenahealth Inc for a number of months, seems to be less bullish one the $5.63B market cap company. The stock increased 1.92% or $2.65 during the last trading session, reaching $140.39. About 348,850 shares traded. athenahealth, Inc. (NASDAQ:ATHN) has risen 0.90% since February 15, 2017 and is uptrending. It has underperformed by 15.80% the S&P500.

Gagnon Securities Llc, which manages about $353.18 million and $279.13 million US Long portfolio, upped its stake in General Electric Co (NYSE:GE) by 2.06M shares to 2.08 million shares, valued at $10.52M in 2017Q3, according to the filing.

More notable recent athenahealth, Inc. (NASDAQ:ATHN) news were published by: Seekingalpha.com which released: “athenahealth: A Critical Update On This Battleground Stock” on January 25, 2018, also Nasdaq.com with their article: “Athenahealth, Inc. Earnings Rise In Q4” published on February 01, 2018, Globenewswire.com published: “athenahealth Recognized as Top Practice Management (11-75 Physicians) Service …” on January 30, 2018. More interesting news about athenahealth, Inc. (NASDAQ:ATHN) were released by: Marketwatch.com and their article: “Athenahealth shares surge after results top Street view” published on February 01, 2018 as well as Globenewswire.com‘s news article titled: “athenahealth Provides Guidance for Fiscal Year 2018 at its Investor Summit” with publication date: February 14, 2018.

athenahealth, Inc. (NASDAQ:ATHN) Ratings Coverage

Among 28 analysts covering athenaHealth (NASDAQ:ATHN), 11 have Buy rating, 1 Sell and 16 Hold. Therefore 39% are positive. athenaHealth had 84 analyst reports since July 27, 2015 according to SRatingsIntel. Jefferies upgraded the stock to “Hold” rating in Friday, May 19 report. As per Monday, October 2, the company rating was maintained by Robert W. Baird. The company was upgraded on Monday, October 23 by First Analysis. The company was downgraded on Friday, October 28 by JP Morgan. Barclays Capital downgraded athenahealth, Inc. (NASDAQ:ATHN) on Tuesday, November 17 to “Underweight” rating. The company was maintained on Monday, October 23 by Leerink Swann. The stock has “Buy” rating by Topeka Capital Markets on Monday, February 8. As per Thursday, July 20, the company rating was maintained by Stifel Nicolaus. Cantor Fitzgerald maintained athenahealth, Inc. (NASDAQ:ATHN) on Monday, October 16 with “Hold” rating. Topeka Capital Markets downgraded athenahealth, Inc. (NASDAQ:ATHN) rating on Monday, October 26. Topeka Capital Markets has “Hold” rating and $164 target.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.