The EVP, CLO & Secretary of Cerner Corp (CERN) is Selling Shares


Today, the EVP, CLO & Secretary of Cerner Corp (CERN), Randy Sims, sold shares of CERN for $3.32M.

In addition to Randy Sims, 3 other CERN executives reported Sell trades in the last month. Following Randy Sims’ last CERN Sell transaction on September 06, 2017, the stock climbed by 1.3%.

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Based on Cerner Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.39 billion and quarterly net profit of $166 million. In comparison, last year the company earned revenue of $1.29 billion and had a net profit of $160 million. CERN’s market cap is $22.4B and the company has a P/E ratio of 35.70. Currently, Cerner Corp has an average volume of 2.26M.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy CERN with a $75 price target. Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $69.75, reflecting a 1.9% upside.

In the last 30 days, insiders have sold $4.57M worth of CERN shares and purchased $2.13M worth of CERN shares. The insider sentiment on Cerner Corp has been positive according to 37 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Cerner Corp. designs, develops, markets, installs, hosts and supports health care information technology, health care devices, hardware and content solutions for health care organizations and consumers. The company also provides value-added services, including implementation & training, remote hosting, operational management services, revenue cycle services, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs and third party administrator services for employer-based health plans. It operates through the following segments: Domestic and Global. The Domestic segment includes revenue contributions and expenditures associated with business activity in the United States. The Global segment includes revenue contributions and expenditures linked to business activity in Aruba, Australia, Austria, the Bahamas, Belgium, Bermuda, Brazil, Canada, Cayman Islands, Chile, Denmark, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Kuwait, Luxembourg, Malaysia, Mexico, Netherlands, Norway, Portugal, Qatar, Romania, Saudi Arabia, Singapore, Slovakia, Spain, Sweden, Switzerland and the United Arab Emirates. The company was founded by Neal L. Patterson, Clifford W. Illig and Paul N. Gorup in 1979 and is headquartered in North Kansas City, MO.

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