A Director at NextGen Healthcare Inc (NXGN) is Selling Shares


Today, a Director at NextGen Healthcare Inc (NXGN), Sheldon Razin, sold shares of NXGN for $619.6K.

This is Razin’s first Sell trade following 3 Buy transactions. Following Sheldon Razin’s last NXGN Sell transaction on September 03, 2013, the stock climbed by 0.5%.

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NXGN’s market cap is $1.26B and the company has a P/E ratio of 49.89. Currently, NextGen Healthcare Inc has an average volume of 502.6K.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $22.75, reflecting a 21.1% upside. One of the top 25 analysts, according to TipRanks.com, recently recommended Buy NXGN with a $24 price target.

The insider sentiment on NextGen Healthcare Inc has been negative according to 16 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Sheldon Razin’s trades have generated a -21.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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NextGen Healthcare, Inc. engages in the development and marketing of electronic health records, practice management, revenue cycle management, and interoperability solutions. It offers the core; automation and workflow; analytics, population health, and patient engagement, interoperability; managed services; professional services; and client service and support. The company was founded by Sheldon Razin in 1974 and is headquartered in Irvine, CA.

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