Today’s 13GD Alert: Learn Why Lazarus Management Co Llc Just Purchased Authentidate Holding Corp Stake?

Today's 13GD Alert: Learn Why Lazarus Management Co Llc Just Purchased Authentidate Holding Corp Stake?

The New Lazarus Management Co Llc Holding in Authentidate Holding Corp

Lazarus Management Co Llc filed with the SEC SC 13D/A form for Authentidate Holding Corp. The form can be accessed here: 000107997316001223. As reported in Lazarus Management Co Llc’s form, the filler as of late owns 10.5% or 627,784 shares of the Information Technology–company.

Authentidate Holding Corp stake is a new one for the and it was filed because of activity on October 14, 2016. We feel this shows Lazarus Management Co Llc’s positive view for the stock.

Authentidate Holding Corp Institutional Sentiment

Latest Security and Exchange filings show 17 investors own Authentidate Holding Corp. The institutional ownership in Q3 2015 is low, at 125.87% of the outstanding shares. This is increased by 5248911 the total institutional shares. 7262879 were the shares owned by these institutional investors. In total 1 funds opened new Authentidate Holding Corp stakes, 2 increased stakes. There were 5 that closed positions and 3 reduced them.

California Public Employees Retirement System is an institutional investor bullish on Authentidate Holding Corp, owning 85784 shares as of Q3 2015 for less than 0.01% of its portfolio. Commonwealth Equity Services Inc owns 11298 shares or less than 0.01% of its portfolio. OH Keybank National Association have less than 0.01% of their stock portfolio for 11650 shares. Further, Vanguard Group Inc reported stake worth 0.01% of its US stock portfolio. The GA J-P Turner & Company Capital Mnagement Llc owns 1094207 shares. Authentidate Holding Corp is 0.01% of the manager’s US portfolio.

Business Profile

Authentidate Holding Corp. and its subsidiaries provide Web-based revenue cycle management applications, and telehealth products and services. The Company enables healthcare organizations to coordinate care for patients and to manage related administrative and clinical workflows. Its Web-based solutions incorporate multiple features and security technologies, such as business-rules based electronic forms, intelligent routing, transaction management, electronic signatures, identity credentialing, content authentication, automated audit trails and remote patient management capabilities. The Company’s Inscrybe Healthcare is a Web-based revenue cycle management workflow automation solution. Its Telehealth Solutions provide an advanced in-home patient vital signs monitoring system and a Web-based management and monitoring software module for use by healthcare providers. The Company’s AuthentiProof is a content integrity and time-and-date stamp application.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

The stock increased 0.31% or $0.01 on October 18, hitting $3.27. About 123 shares traded hands. Authentidate Holding Corp. (OTCMKTS:ADAT) has declined 7.39% since March 15, 2016 and is downtrending. It has underperformed by 12.87% the S&P500.

Authentidate Holding Corp. and its subsidiaries provide Web revenue cycle management applications, and telehealth services and products. The company has a market cap of $18.88 million. The Firm enables healthcare organizations to coordinate care for patients and to manage related administrative and clinical workflows. It has a 1.66 P/E ratio. The Company’s Web solutions incorporate multiple features and security technologies, such as business-rules based electronic forms, intelligent routing, transaction management, electronic signatures, identity credentialing, content authentication, automated audit trails and remote patient management capabilities.

More recent Authentidate Holding Corp. (OTCMKTS:ADAT) news were published by: Quotes.Wsj.com which released: “News Authentidate Holding Corp.ADAT” on February 13, 2011. Also Globenewswire.com published the news titled: “Authentidate Holding Corp. Announces Reverse Stock Split” on January 22, 2016. Seekingalpha.com‘s news article titled: “Why Authentidate’s Management Is Bullish” with publication date: November 26, 2013 was also an interesting one.

According to Zacks Investment Research, “Authentidate Holding Corp. and its subsidiaries are engaged in the manufacture and distribution of document imaging systems, the sale of computer systems and related peripheral equipment, components and accessories, network and internet services and the development and sale of software-based authentication services.”

ADAT Company Profile

Authentidate Holding Corp. (Authentidate), incorporated on April 10, 1992, and its subsidiaries provide Web revenue cycle management applications, and telehealth services and products. The Firm enables healthcare organizations to coordinate care for patients and to manage related administrative and clinical workflows. The Company’s Web services are delivered as Software as a Service (SaaS) to its clients interfacing with billing, information and document management systems. These solutions incorporate multiple features and security technologies, such as business-rules based electronic forms, intelligent routing, transaction management, electronic signatures, identity credentialing, content authentication, automated audit trails and remote patient management capabilities. Both Web and fax communications are integrated into automated workflow solutions.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment