Computer Programs and Systems Inc (NASDAQ:CPSI) Reports Decline in Sellers; Strong Momentum for Longs

April 24, 2018 - By Peter Erickson

Computer Programs and Systems, Inc. (NASDAQ:CPSI) Logo

Investors sentiment increased to 1.25 in 2017 Q4. Its up 0.29, from 0.96 in 2017Q3. It improved, as 8 investors sold Computer Programs and Systems, Inc. shares while 36 reduced holdings. 18 funds opened positions while 37 raised stakes. 12.60 million shares or 3.71% more from 12.15 million shares in 2017Q3 were reported.
Moreover, Martingale Asset Mngmt Limited Partnership has 0.02% invested in Computer Programs and Systems, Inc. (NASDAQ:CPSI) for 57,706 shares. Polaris Limited Company invested in 33,700 shares. Principal Financial Inc holds 0% or 83,376 shares in its portfolio. Blackrock holds 0% or 1.46M shares in its portfolio. Aperio Group Lc has 0% invested in Computer Programs and Systems, Inc. (NASDAQ:CPSI). State Board Of Administration Of Florida Retirement Sys reported 6,880 shares stake. Crawford Investment Counsel Inc accumulated 106,442 shares. Deutsche Bancorp Ag has invested 0% in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Axa has invested 0.01% in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Moreover, State Of Alaska Department Of Revenue has 0% invested in Computer Programs and Systems, Inc. (NASDAQ:CPSI) for 2,220 shares. Macquarie Grp Limited, a Australia-based fund reported 3,843 shares. Barclays Public Limited Com holds 0% in Computer Programs and Systems, Inc. (NASDAQ:CPSI) or 1,802 shares. Tower Research Capital Ltd Liability Corp (Trc) has invested 0% in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Brown Brothers Harriman Co invested 0.2% of its portfolio in Computer Programs and Systems, Inc. (NASDAQ:CPSI). Comerica National Bank reported 0% in Computer Programs and Systems, Inc. (NASDAQ:CPSI).

Since March 12, 2018, it had 0 insider purchases, and 5 selling transactions for $638,918 activity. DOUGLAS JOHN B JR had sold 1,502 shares worth $44,219. Another trade for 1,252 shares valued at $36,621 was made by Fowler Christopher L on Wednesday, March 21. SCHNEIDER VICTOR S sold $122,029 worth of stock. DYE DAVID A had sold 5,000 shares worth $148,600 on Thursday, March 15.

The stock of Computer Programs and Systems Inc (NASDAQ:CPSI) registered a decrease of 1.66% in short interest. CPSI’s total short interest was 2.00M shares in April as published by FINRA. Its down 1.66% from 2.03 million shares, reported previously. With 103,500 shares average volume, it will take short sellers 19 days to cover their CPSI’s short positions. The short interest to Computer Programs and Systems Inc’s float is 18.68%.

The stock decreased 0.17% or $0.05 during the last trading session, reaching $30.2. About 66,906 shares traded. Computer Programs and Systems, Inc. (NASDAQ:CPSI) has risen 5.42% since April 24, 2017 and is uptrending. It has underperformed by 6.13% the S&P500.

Computer Programs and Systems, Inc. provides healthcare information technology solutions and services in the United States and the Caribbean nation of St. The company has market cap of $416.18 million. Maarten. It currently has negative earnings. The Company’s 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 helps to collect and maintain patient information throughout the process of patient care; and financial accounting software, which offers business office applications to track and coordinate information needed for managerial decision-making.

Computer Programs and Systems, Inc. (NASDAQ:CPSI) Ratings Coverage

Among 4 analysts covering CPSI (NASDAQ:CPSI), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. CPSI had 6 analyst reports since October 31, 2017 according to SRatingsIntel. The company was maintained on Friday, February 9 by Piper Jaffray. SunTrust maintained it with “Hold” rating and $32.0 target in Friday, November 3 report. On Tuesday, January 30 the stock rating was maintained by KeyBanc Capital Markets with “Sell”. The rating was maintained by Cantor Fitzgerald on Thursday, February 8 with “Hold”. The firm earned “Sell” rating on Tuesday, October 31 by KeyBanc Capital Markets. The stock of Computer Programs and Systems, Inc. (NASDAQ:CPSI) earned “Hold” rating by Cantor Fitzgerald on Thursday, November 2.

Computer Programs and Systems, Inc. (NASDAQ:CPSI) Institutional Positions Chart

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