Insider Trading Alert: athenahealth (ATHN)

athenahealth, Inc (NASDAQ:ATHN) insider has recently participated in insider trading activity. SVP, Chief Product Officer, Armbrester Bradford Kyle sold 1,657 shares for $ 210,620           via one transaction Feb 16. Another notable insider trading was done by Park Ed on Feb 03, who is the EVP and COO. The insider acquired 1,500 shares at an average price of $140.61. Moreover, an insider selling of 4.15 shares was carried out by Matus Kristi Ann, EVP and CFAO, on Feb 01. Following the transaction, the insider now owns 33,772 shares in total. CEO and President Bush Jonathan sold 4,000 shares for $140.14 through one transaction Feb 01. Following this sale, this insider’s stake in the company comprises 308,109 shares, priced at $38941896.51 as of Thursday.

The stock has experienced a total of 14 insider trades in the past three months. These trades include 14 sell activities and 0 buy trades. Furthermore, over the past 12 months, the stock was traded 77 times by insiders. In 72 of these trades, the insider was a seller while an employee of the company was the buyer in just 5 instances.

On February 16, 2016, athenahealth, Inc (ATHN) a leading provider of network-enabled services and mobile applications for health care providers nationwide, announced athenahealth senior management will present a corporate overview and an update on the company’s service offerings at two upcoming investor conferences.

Morgan Stanley Technology, Media and Telecom Conference will present on Thursday, March 3, 2016 on 11:05 AM – PST.

Raymond James & Associates’ 37th Annual Institutional Investors Conference will announce on Tuesday, March 8, 2016 on 4:00 PM – EST.

athenahealth, Inc., together with its subsidiaries, provides cloud-based services and mobile applications for medical groups and health systems. The company provides services through athenaNet, a cloud-based platform. Its services include athenaCollector, a cloud-based revenue cycle management and practice management service; athenaClinicals for electronic health record management; athenaCommunicator, a cloud-based patient engagement and communication service; athenaCoordinator for order transmission; and athenaCoordinator Enterprise for care coordination, patient access, and order transmission service. The company also provides athenaCommunicator Enterprise, a cloud-based population health management service to execute, track, and coordinate care across a provider’s network; and Epocrates service that include clinical information and decision support services in the areas of drug and disease information, medical calculator and tools, clinical guidelines, clinical messaging, market research, and formulary hosting. In addition, it offers client support, account performance monitoring, relationship management, and real-time performance monitoring services.