Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) SVP James Hewitt sold 36,796 shares of the business’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $14.11, for a total transaction of $519,191.56. Following the completion of the sale, the senior vice president now directly owns 181,766 shares of the company’s stock, valued at $2,564,718.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) opened at $13.97 on Wednesday. Allscripts Healthcare Solutions Inc has a 52-week low of $10.19 and a 52-week high of $14.51. The stock has a market cap of $2,553.02, a PE ratio of 32.86, a price-to-earnings-growth ratio of 2.52 and a beta of 1.34. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.98 and a quick ratio of 0.98.

Several hedge funds have recently added to or reduced their stakes in MDRX. TimesSquare Capital Management LLC increased its position in shares of Allscripts Healthcare Solutions by 1,322.5% in the second quarter. TimesSquare Capital Management LLC now owns 4,039,900 shares of the software maker’s stock valued at $51,549,000 after acquiring an additional 3,755,900 shares during the period. Fisher Asset Management LLC purchased a new position in shares of Allscripts Healthcare Solutions in the third quarter valued at about $33,351,000. Dimensional Fund Advisors LP increased its position in shares of Allscripts Healthcare Solutions by 26.9% in the second quarter. Dimensional Fund Advisors LP now owns 9,171,285 shares of the software maker’s stock valued at $117,026,000 after acquiring an additional 1,943,496 shares during the period. Systematic Financial Management LP increased its position in shares of Allscripts Healthcare Solutions by 1,215.3% in the third quarter. Systematic Financial Management LP now owns 1,853,300 shares of the software maker’s stock valued at $26,372,000 after acquiring an additional 1,712,395 shares during the period. Finally, Mesirow Financial Investment Management Equity Management purchased a new position in shares of Allscripts Healthcare Solutions in the second quarter valued at about $18,797,000.

Several analysts have weighed in on MDRX shares. Maxim Group reissued a “buy” rating and issued a $16.00 price target on shares of Allscripts Healthcare Solutions in a research note on Friday, November 3rd. Zacks Investment Research downgraded shares of Allscripts Healthcare Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, November 8th. Robert W. Baird boosted their price target on shares of Allscripts Healthcare Solutions from $16.00 to $17.00 and gave the stock an “outperform” rating in a research note on Friday, November 3rd. Jefferies Group set a $17.00 price target on shares of Allscripts Healthcare Solutions and gave the stock a “buy” rating in a research note on Friday, August 25th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $17.00 price target on shares of Allscripts Healthcare Solutions in a research note on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $15.06.

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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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