Ed Park, executive vice president and COO of Watertown, Mass.-based athenahealth, sold 4,000 shares of the public firm, worth a total value of close to $496,810, according to a Consumer Eagle report.
Mr. Park now owns 16,719 athenahealth shares, according to the report.
Although athenahealth's second quarter earnings posted in July showed year-over-year revenue growth of 17 percent, the company reported an overall $1.9 million net loss.