Veradigm (NASDAQ:MDRX) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of Veradigm (NASDAQ:MDRX) in a report issued on Sunday. The firm set a “hold” rating on the software maker’s stock.

Veradigm Stock Performance

Shares of Veradigm stock opened at $10.69 on Friday. Veradigm has a 1 year low of $5.01 and a 1 year high of $12.79. The company’s fifty day simple moving average is $9.62 and its 200-day simple moving average is $9.35.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Veradigm stock. Tyro Capital Management LLC purchased a new stake in shares of Veradigm Inc. (NASDAQ:MDRX) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,176,015 shares of the software maker’s stock, valued at approximately $9,055,000. Veradigm accounts for approximately 5.2% of Tyro Capital Management LLC’s portfolio, making the stock its 10th largest holding. Tyro Capital Management LLC owned approximately 1.08% of Veradigm at the end of the most recent quarter.

Veradigm Company Profile

Veradigm Inc, a healthcare technology company, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), information connectivity, private cloud hosting, outsourcing, analytics, patient access, and population health management solutions.