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Computer Programs and Systems, Inc. (NASDAQ:CPSI) CEO Sells $31,790.00 in Stock



Computer Programs and Systems, Inc. (NASDAQ: CPSI-Get Rating) CEO Christopher L. Fowler sold 1,000 shares of the company’s stock in a transaction on Friday, July 15. The shares were sold at an average price of $ 31.79, for a total value of $ 31,790.00. Following the sale, the chief executive officer now directly owns 67,038 shares of the company, valued at approximately $ 2,131,138.02. The transaction is disclosed in a document filed with the SEC, which can be accessed via this link.

Computer Programs and Systems Decline 2.1 %

NASDAQ shares: CPSI opened at $ 31.49 on Tuesday. The company has a market cap of $ 464.92 million, P/E ratio of 20.58, P/E/G ratio of 0.81 and beta of 0.64. The firm has an immediate ratio of 1.72, a current ratio of 1.73 and a debt-to-equity ratio of 0.59. Computer Programs and Systems, Inc. has a 12 -month low of $ 26.11 and a 12 -month high of $ 37.62. The business has a fifty day simple moving average of $ 31.90 and a 200 day simple moving average of $ 31.52.

Computer Programs and Systems (NASDAQ: CPSI-Get Rating) last announced its earnings results on Tuesday, May 3. The company reported $ 0.70 earnings per share (EPS) for the quarter, leading at an estimated $ 0.58 to $ 0.12. The business had revenue of $ 77.87 million in the quarter, compared to the analyst’s estimated $ 74.98 million. Computer Programs and Systems had a return on equity of 16.43% and a net margin of 7.71%. In the same period last year, the company earned $ 0.28 EPS. Analysts predict that Computer Programs and Systems, Inc. will post 2.65 earnings per share for the current year.

Institutional Flow and Flow

Many large investors have recently bought and sold shares of CPSI. Allspring Global Investments Holdings LLC purchased a new position in Computer Programs and Systems during the 4th quarter valued at $ 5,056,000. River Road Asset Management LLC raised its position in the Computer Programs and Systems shares by 16.7% in the 4th quarter. River Road Asset Management LLC now owns 1,191,870 shares of the company’s stock worth $ 34,922,000 after acquiring an additional 170,638 shares last quarter. Promoted by JPMorgan Chase & Co. its position in the Computer Programs and Systems shares was up 114.4% in the 1st quarter. JPMorgan Chase & Co. now owns 302,878 shares of the company’s stock worth $ 10,434,000 after acquiring an additional 161,603 shares last quarter. Wellington Management Group LLP raised its position in the Computer Programs and Systems shares by 30.8% in the 1st quarter. Wellington Management Group LLP now owns 367,651 shares of the company’s stock valued at $ 12,666,000 after acquiring an additional 86,622 shares in the last quarter. Finally, Ergoteles LLC purchased a new position in the Computer Programs and Systems shares in the 1st quarter valued at about $ 1,884,000. 87.05% of the stock is owned by institutional investors.

Wall Street Analysts Predict Growth

Many research firms have recently evaluated CPSI. StockNews.com raised Computer Programs and Systems from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 28. Deutsche Bank Aktiengesellschaft raised their price target on Computer Programs and Systems from $ 39.00 to $ 43.00 in a report on Thursday, May 5th.

About Computer Programs and Systems

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Computer Programs and Systems, Inc. provides healthcare information technology solutions and services in the United States and the Caribbean country of St. Louis. Maarten. Its software systems include patient management software that enables a hospital to identify a patient at various points in the healthcare delivery system, as well as to collect and maintain patient information. throughout the patient care process; and financial accounting software, which offers business office applications to track and coordinate information needed for management decision -making.

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Insider Buying and Selling by Quarter for Computer Programs and Systems (NASDAQ: CPSI)



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