HealthStream, Inc. (NASDAQ:HSTM) CFO Gerard M. Hayden, Jr. sold 25,000 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $24.32, for a total transaction of $608,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
HealthStream, Inc. (HSTM) traded down $0.41 on Wednesday, reaching $24.56. 123,914 shares of the company’s stock were exchanged, compared to its average volume of 129,514. HealthStream, Inc. has a one year low of $21.15 and a one year high of $31.53. The stock has a market capitalization of $800.36, a PE ratio of 81.07, a price-to-earnings-growth ratio of 5.58 and a beta of 0.83.
HealthStream (NASDAQ:HSTM) last released its quarterly earnings data on Tuesday, February 20th. The technology company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. HealthStream had a net margin of 4.04% and a return on equity of 2.73%. The company had revenue of $62.76 million during the quarter, compared to analysts’ expectations of $61.98 million. analysts predict that HealthStream, Inc. will post 0.28 EPS for the current year.
The company also recently disclosed a special dividend, which will be paid on Tuesday, April 3rd. Shareholders of record on Tuesday, March 6th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Monday, March 5th.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in HSTM. UBS Asset Management Americas Inc. acquired a new stake in shares of HealthStream during the 2nd quarter worth about $205,000. Teacher Retirement System of Texas acquired a new stake in shares of HealthStream during the 4th quarter worth about $215,000. Municipal Employees Retirement System of Michigan boosted its stake in shares of HealthStream by 59.5% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 9,570 shares of the technology company’s stock worth $224,000 after purchasing an additional 3,570 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in shares of HealthStream during the 3rd quarter worth about $237,000. Finally, Virginia Retirement Systems ET AL acquired a new stake in shares of HealthStream during the 3rd quarter worth about $264,000. 70.97% of the stock is owned by institutional investors.
Several brokerages recently issued reports on HSTM. BidaskClub cut shares of HealthStream from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. William Blair reissued an “outperform” rating on shares of HealthStream in a report on Tuesday, February 13th. Cantor Fitzgerald reissued a “hold” rating and set a $24.00 target price on shares of HealthStream in a report on Monday, February 12th. ValuEngine cut shares of HealthStream from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Finally, Barrington Research reissued a “buy” rating and set a $32.00 target price on shares of HealthStream in a report on Monday, February 26th. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company. HealthStream has an average rating of “Hold” and a consensus target price of $25.86.
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HealthStream Company Profile
HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.
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