ATHN - athenahealth, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
150.01
+0.58 (+0.39%)
At close: 4:00PM EDT
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Previous Close149.43
Open149.50
Bid150.50 x 800
Ask153.80 x 4000
Day's Range148.65 - 150.55
52 Week Range111.61 - 158.66
Volume201,221
Avg. Volume533,035
Market Cap6.062B
Beta0.76
PE Ratio (TTM)114.51
EPS (TTM)1.31
Earnings DateJul 18, 2018 - Jul 23, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est145.58
Trade prices are not sourced from all markets
  • Elliott bids for Athenahealth in all-cash offer
    CNBC Videos13 days ago

    Elliott bids for Athenahealth in all-cash offer

    CNBC’s David Faber discusses the all-cash bid from Paul Singer’s Elliott Management for Athenahealth, which values that company at $160 per share.

  • Athenahealth Shares Surge as Elliott Seeks Takeover 
    Bloomberg Video13 days ago

    Athenahealth Shares Surge as Elliott Seeks Takeover 

    May.07 -- Athenahealth Inc. shares rose after Elliott Management Corp. bid to acquire the medical company for $160 a share. Bloomberg’s Abigail Doolittle has the latest on "Bloomberg Markets."

  • ACCESSWIRE2 days ago

    Today’s Free Research Report Coverage on Evolent Health and Three More Healthcare Information Services Stocks

    Stock Research Monitor: ATHN, HQY, and TDOC LONDON, UK / ACCESSWIRE / May 18, 2018 / If you want a free Stock Review on EVH sign up now at www.wallstequities.com/registration . Today's research on WallStEquities.com ...

  • Fidelity cut athenahealth stake in half before Elliott takeover bid
    American City Business Journals6 days ago

    Fidelity cut athenahealth stake in half before Elliott takeover bid

    The Boston asset manager was athenahealth's largest shareholder at the end of 2017. A few months later, that had changed.

  • Motley Fool6 days ago

    Getting a Deal Done on athenahealth Might Be Tough

    Management’s vision might not jibe with an outright sale.

  • Motley Fool6 days ago

    Will athenahealth Be the Next Big Healthcare Deal?

    Activist investors want to do a deal, but management might not be willing.

  • Elliott Says Athenahealth Isn't Engaging in Takeover Talks
    Bloomberg6 days ago

    Elliott Says Athenahealth Isn't Engaging in Takeover Talks

    Elliott Management Corp. said it has heard nothing from Athenahealth Inc. or its board after proposing on May 7 to acquire the health technology company for $6.46 billion. “Since that time, we have heard nothing from the company beyond its cursory, boilerplate press release,” Jesse Cohn, an Elliott partner and senior portfolio manager, said in a letter to Athenahealth’s board Monday. “We are also aware that other parties have conveyed directly to the company interest in acquiring Athenahealth,” Cohn wrote.

  • Business Wire6 days ago

    Elliott Management Releases Letter to the Board of athenahealth

    Elliott Management Corporation (“Elliott”) today released a letter to the Board of Directors of athenahealth, Inc. (ATHN) (the “Company” or “athenahealth”) regarding Elliott’s proposal to acquire athenahealth for $160 per share in cash. The letter outlined Elliott’s concerns with athenahealth’s refusal thus far to engage with any of the parties, including Elliott, that have expressed interest in acquiring athenahealth. The letter also reiterated Elliott’s view that immediate engagement with Elliott to explore a take-private transaction is the right course forward for all athenahealth stakeholders.

  • Who Else Could Buy athenahealth?
    Motley Fool11 days ago

    Who Else Could Buy athenahealth?

    Activist investors are circling, but they might not be the only ones interested in acquiring this healthcare company.

  • Why Athenahealth (ATHN) Is a Major Medtech Acquisition Target
    Zacks12 days ago

    Why Athenahealth (ATHN) Is a Major Medtech Acquisition Target

    On today's episode of the Tech Talk Tuesday podcast, Ryan McQueeney discusses Athenahealth (ATHN), a medical technology company that has found itself the target of an activist takeover from Paul Singer's Elliott Management.

  • ACCESSWIRE12 days ago

    Today’s Research Reports on Stocks to Watch: International Flavors & Fragrances and athenahealth

    NEW YORK, NY / ACCESSWIRE / May 8, 2018 / Athenahealth shares were skyrocketing on Monday and almost touched the stock's 52-week high after it was revealed that hedge fund Elliott Management has proposed an unsolicited offer to take the company private. The company agreed to buy Israeli-based Frutarom for $6.4 billion which many on Wall Street fear is a risky move for the company. The company announced first quarter 2018 earnings reporting 12% revenue growth, 34% operating income growth, and 12% EPS growth compared to the prior-year period.

  • The Wall Street Journal13 days ago

    [$$] Elliott Looks to Take Athenahealth Private

    Activist investor Elliott Management Corp. is pushing to take Athenahealth Inc. private, arguing the health-care software company is botching an opportunity to expand and, as a result, isn’t providing adequate returns to shareholders. Elliott, which has an 8.9% stake in Athenahealth, offered on Monday to buy the remainder of the company for $160 a share, a 27% premium to its Friday closing price. “It is clear to us and becoming clear to many others that Athenahealth’s potential will never be realized without the kind of operational change that the company seems unable to deliver,” Elliott said in a letter.

  • TheStreet.com13 days ago

    Athenahealth Shares Explode Higher on Latest Elliott Management Bid

    to consider "strategic options," $35 billion activist investor Elliott Management on Monday launched a hostile bid to buy the healthcare technology company for as much as $6.9 billion including debt, in an all-cash offer. Athenahealth shares rose 16%, or $19.93 cents to $146.02. The bid, for $160 a share, may be the latest example of Elliott Management shifting from its bread-and-butter activist activists into the world of private equity, following its move recently to set up a Menlo Park, Calif.-based private equity team, Evergreen Coast Capital Partners.

  • Reuters13 days ago

    Elliott Management makes unsolicited bid for Athenahealth

    The offer from Elliott, which has pressured Athenahealth to make operational and strategic changes, represents a premium of about 27 percent to the healthcare company's Friday closing price. The hedge fund said it had "extensive private engagement" with Athenahealth's management and board during the past year, and believes that the company, which former General Electric Co (GE.N) Chief Executive Jeff Immelt joined as chairman this year, cannot make the changes it needs while it remains a public company.

  • What Happened in the Stock Market Today
    Motley Fool13 days ago

    What Happened in the Stock Market Today

    On a day stocks rose, Starbucks announced a deal with Nestle, and Athenahealth received a buyout offer.

  • Big investor offers about $6.5 billion for athenahealth
    Associated Press13 days ago

    Big investor offers about $6.5 billion for athenahealth

    Prominent athenahealth investor Elliott Management Corp. is offering about $6.5 billion to take the medical billing software maker private after saying it has grown frustrated with the company's performance. Athenahealth stock soared Monday after the shareholder outlined its unsolicited bid. The investor says it owns about a 9 percent stake in athenahealth, and the company has not made the changes it needs to grow and create value as a public company.

  • Here's what led up to Elliott's takeover bid for athenahealth
    American City Business Journals13 days ago

    Here's what led up to Elliott's takeover bid for athenahealth

    In the months leading up to a $6.4 billion takeover bid announced Monday, activist investor Elliott Management grew increasingly frustrated with months of attempts on the part of athenahealth Inc. to restructure itself.

  • Why Did Athenahealth (ATHN) Stock Soar Today?
    Zacks13 days ago

    Why Did Athenahealth (ATHN) Stock Soar Today?

    Shares of Athenahealth (ATHN) opened more than 20% higher on Monday after Paul Singer's Elliott Management offered to buy the healthcare technology company in an all-cash deal valued at $160 per share.

  • TheStreet.com13 days ago

    Elliott Makes $7 Billion Offer to Buy AthenaHealth

    Elliott Management Corp. confirmed Monday, May 7, it made a bid for Athenahealth Inc. "Elliott proposes to acquire Athenahealth for $160 per share in cash. Last year, Elliott, run by hedge fund manager Paul Singer, bought a 9.2% stake in Athenahealth.

  • Here's Why Athenahealth Is Skyrocketing Today
    Motley Fool13 days ago

    Here's Why Athenahealth Is Skyrocketing Today

    Shares jump after an activist investor makes a public offer to buy out the company. Here's what investors need to know.

  • PR Newswire13 days ago

    athenahealth to Review Unsolicited Acquisition Proposal from Elliott Management

    WATERTOWN, Mass., May 7, 2018 /PRNewswire/ -- athenahealth, Inc. (ATHN), a leading provider of network-enabled services for hospital and ambulatory customers nationwide, today confirmed that it has received an unsolicited proposal from Elliott Management to acquire the Company for $160 per share in cash. Consistent with its fiduciary duties and following consultation with its independent financial and legal advisors, the athenahealth Board of Directors will carefully review the proposal to determine the course of action that it believes is in the best interest of the Company and athenahealth shareholders.  athenahealth shareholders do not need to take any action at this time. Lazard is serving as financial advisor to athenahealth, and Weil, Gotshal & Manges LLP is serving as legal counsel.

  • Elliott Management makes $6.4B bid to acquire Watertown's athenahealth
    American City Business Journals13 days ago

    Elliott Management makes $6.4B bid to acquire Watertown's athenahealth

    Activist investor Elliott Management is looking to acquire athenahealth in an all-cash offer at $160 a share, sending shares skyrocketing 22 percent Monday morning.

  • MarketWatch13 days ago

    AthenaHealth shares surge 24% on $7 bln Elliott Management bid

    AthenaHealth Inc. shares surged 24% in Monday morning trade after activist investor Elliott Management said it plans to acquire the company for $160 per share in cash, in a deal valued at about $7 billion. Elliott already has an about 9% stake in AthenaHealth, and previously approached the company about taking it private in November, it said in a letter to AthenaHealth's board of directors, but AthenaHealth "refused to engage." "Unfortunately, we are faced now with the stark reality that athenahealth as a public-company investment, despite all of its promise, has not worked for many years, is not working today and will not work in the future," Elliott Management said in the letter.

  • Business Wire13 days ago

    Elliott Management Makes Proposal to Acquire athenahealth

    Elliott Management Corporation (“Elliott”), which manages funds that own common stock and economic equivalents representing 8.9% of the outstanding common stock of athenahealth, Inc. (ATHN) (the “Company” or “athenahealth”), today released a letter outlining a proposal to acquire athenahealth for $160 per share in cash, representing a premium of 27% to the current stock price. I am writing to you on behalf of Elliott Associates, L.P. and Elliott International, L.P. (collectively, “Elliott” or “we”), which collectively own common stock and economic equivalents representing 8.9% of the outstanding common stock of athenahealth, Inc. (the “Company” or “athenahealth”), making us one of your largest investors.

  • CNBC13 days ago

    Paul Singer's Elliott to make all-cash offer for Athenahealth of $155-$160 a share: Sources

    Paul Singer's Elliott to make all-cash offer for Athenahealth of $155-$160 a share: Sources|| 105184790