HealthStream, Inc. (NASDAQ:HSTM) CFO Gerard M. Hayden, Jr. sold 14,226 shares of HealthStream stock in a transaction dated Tuesday, May 15th. The stock was sold at an average price of $26.99, for a total value of $383,959.74. Following the completion of the sale, the chief financial officer now owns 30,290 shares of the company’s stock, valued at $817,527.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
HealthStream traded up $0.30, reaching $27.70, during midday trading on Friday, according to Marketbeat. 82,252 shares of the company were exchanged, compared to its average volume of 121,193. HealthStream, Inc. has a one year low of $21.15 and a one year high of $31.53. The stock has a market cap of $884.12 million, a P/E ratio of 102.89, a price-to-earnings-growth ratio of 5.35 and a beta of 0.75.
HealthStream (NASDAQ:HSTM) last issued its earnings results on Tuesday, February 20th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.01. HealthStream had a return on equity of 3.48% and a net margin of 13.42%. The firm had revenue of $62.76 million for the quarter, compared to analysts’ expectations of $61.98 million. equities analysts expect that HealthStream, Inc. will post 0.32 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently modified their holdings of HSTM. Wells Fargo & Company MN boosted its holdings in HealthStream by 48.6% during the third quarter. Wells Fargo & Company MN now owns 32,362 shares of the technology company’s stock worth $756,000 after buying an additional 10,581 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in HealthStream by 4.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,239,449 shares of the technology company’s stock worth $28,966,000 after buying an additional 51,900 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in HealthStream by 8.3% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 108,075 shares of the technology company’s stock worth $2,504,000 after buying an additional 8,324 shares during the last quarter. Conestoga Capital Advisors LLC boosted its holdings in HealthStream by 17.2% during the fourth quarter. Conestoga Capital Advisors LLC now owns 1,755,050 shares of the technology company’s stock worth $40,647,000 after buying an additional 257,400 shares during the last quarter. Finally, Bessemer Group Inc. bought a new position in HealthStream during the fourth quarter worth about $422,000. Hedge funds and other institutional investors own 69.19% of the company’s stock.
A number of analysts recently commented on the company. ValuEngine lowered HealthStream from a “hold” rating to a “sell” rating in a research report on Thursday, April 26th. Canaccord Genuity reiterated a “hold” rating and issued a $26.00 price objective on shares of HealthStream in a research report on Wednesday, May 2nd. BidaskClub upgraded HealthStream from a “sell” rating to a “hold” rating in a research report on Saturday, February 10th. Barrington Research set a $32.00 price objective on HealthStream and gave the stock a “buy” rating in a research report on Thursday, May 3rd. Finally, William Blair restated an “outperform” rating on shares of HealthStream in a report on Tuesday, February 13th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $26.14.
HealthStream Company Profile
HealthStream, Inc provides workforce and provider solutions to the healthcare organizations in the United States. It operates in HealthStream Workforce Solutions and HealthStream Provider Solutions segments. The company offers workforce development solutions comprising software-as-a-service (SaaS) and subscription-based products to meet talent management, training, certification, competency assessment, performance appraisal, and development needs, as well as training, implementation, and account management services.
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