Cerner Co. (NASDAQ:CERN) Director William D. Zollars sold 4,100 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $62.16, for a total transaction of $254,856.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of Cerner Co. (NASDAQ:CERN) opened at $62.49 on Tuesday. Cerner Co. has a 52-week low of $51.26 and a 52-week high of $73.86. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.01 and a quick ratio of 2.99. The firm has a market cap of $20,770.00, a P/E ratio of 24.32, a price-to-earnings-growth ratio of 1.84 and a beta of 0.90.

Cerner (NASDAQ:CERN) last issued its earnings results on Tuesday, February 6th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.03). Cerner had a net margin of 16.86% and a return on equity of 16.82%. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the prior year, the business earned $0.61 EPS. The business’s quarterly revenue was up 4.5% on a year-over-year basis. equities research analysts expect that Cerner Co. will post 2.42 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of CERN. APG Asset Management N.V. boosted its position in Cerner by 153.1% in the fourth quarter. APG Asset Management N.V. now owns 1,121,956 shares of the company’s stock valued at $62,965,000 after buying an additional 678,700 shares in the last quarter. Sawgrass Asset Management LLC acquired a new stake in Cerner in the third quarter valued at approximately $39,946,000. BlackRock Inc. boosted its position in Cerner by 2.2% in the fourth quarter. BlackRock Inc. now owns 19,519,304 shares of the company’s stock valued at $1,315,406,000 after buying an additional 420,942 shares in the last quarter. Koch Industries Inc. acquired a new stake in Cerner in the second quarter valued at approximately $310,000. Finally, State of Wisconsin Investment Board boosted its position in Cerner by 68.2% in the fourth quarter. State of Wisconsin Investment Board now owns 716,239 shares of the company’s stock valued at $48,267,000 after buying an additional 290,527 shares in the last quarter. Hedge funds and other institutional investors own 81.58% of the company’s stock.

Several research analysts have recently commented on the stock. Royal Bank of Canada reaffirmed a “buy” rating on shares of Cerner in a report on Wednesday, October 25th. Jefferies Group reaffirmed a “buy” rating on shares of Cerner in a report on Sunday, October 29th. Cantor Fitzgerald lowered their target price on shares of Cerner from $83.00 to $80.00 and set an “overweight” rating on the stock in a report on Wednesday, February 7th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $70.00 target price on shares of Cerner in a report on Thursday, November 30th. Finally, Citigroup assumed coverage on shares of Cerner in a report on Thursday, January 4th. They set a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the stock. Cerner has a consensus rating of “Hold” and a consensus target price of $67.05.

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Cerner Company Profile

Cerner Corporation (Cerner) is a supplier of healthcare information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations of all sizes. The Company’s segments include Domestic and Global. The Domestic segment includes revenue contributions and expenditures associated with business activity in the United States.

Insider Buying and Selling by Quarter for Cerner (NASDAQ:CERN)

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