Summit Creek Advisors LLC Sells 15,670 Shares of HealthEquity, Inc. $HQY

Summit Creek Advisors LLC trimmed its position in shares of HealthEquity, Inc. (NASDAQ:HQY) by 7.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 192,525 shares of the company’s stock after selling 15,670 shares during the quarter. HealthEquity accounts for approximately 2.7% of Summit Creek Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Summit Creek Advisors LLC’s holdings in HealthEquity were worth $18,246,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HQY. Bayforest Capital Ltd lifted its position in shares of HealthEquity by 37.7% during the third quarter. Bayforest Capital Ltd now owns 4,410 shares of the company’s stock worth $418,000 after purchasing an additional 1,207 shares in the last quarter. Forum Financial Management LP increased its stake in HealthEquity by 15.1% during the 3rd quarter. Forum Financial Management LP now owns 2,642 shares of the company’s stock worth $250,000 after buying an additional 346 shares during the period. Peregrine Capital Management LLC lifted its holdings in HealthEquity by 7.2% during the 3rd quarter. Peregrine Capital Management LLC now owns 102,691 shares of the company’s stock worth $9,732,000 after buying an additional 6,913 shares in the last quarter. Benjamin Edwards Inc. boosted its position in HealthEquity by 117.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 12,957 shares of the company’s stock valued at $1,228,000 after buying an additional 6,985 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of HealthEquity by 178.7% in the third quarter. SG Americas Securities LLC now owns 12,715 shares of the company’s stock worth $1,205,000 after acquiring an additional 8,152 shares in the last quarter. 99.55% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on HQY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $120.00 price objective on shares of HealthEquity in a research report on Friday, December 5th. Weiss Ratings restated a “hold (c+)” rating on shares of HealthEquity in a report on Wednesday, October 8th. The Goldman Sachs Group lowered HealthEquity from a “neutral” rating to a “sell” rating and set a $89.00 price target on the stock. in a research report on Friday. BMO Capital Markets reiterated a “market perform” rating on shares of HealthEquity in a research note on Thursday, December 4th. Finally, Barrington Research reissued an “outperform” rating and set a $125.00 price objective on shares of HealthEquity in a research report on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, HealthEquity has an average rating of “Moderate Buy” and an average target price of $119.60.

Insider Activity at HealthEquity

In related news, EVP Delano Ladd sold 1,500 shares of the stock in a transaction on Friday, December 19th. The shares were sold at an average price of $94.72, for a total value of $142,080.00. Following the transaction, the executive vice president directly owned 73,979 shares of the company’s stock, valued at $7,007,290.88. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Elimelech Rosner sold 10,959 shares of HealthEquity stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $95.45, for a total transaction of $1,046,036.55. Following the sale, the executive vice president owned 45,742 shares in the company, valued at $4,366,073.90. This represents a 19.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,459 shares of company stock worth $1,483,062 over the last quarter. 1.50% of the stock is currently owned by insiders.

HealthEquity Stock Down 4.4%

HealthEquity stock opened at $94.15 on Monday. The stock has a market cap of $8.04 billion, a PE ratio of 43.19, a P/E/G ratio of 1.36 and a beta of 0.20. The company has a debt-to-equity ratio of 0.46, a current ratio of 4.13 and a quick ratio of 4.13. The stock’s fifty day moving average is $97.04 and its two-hundred day moving average is $95.14. HealthEquity, Inc. has a 1-year low of $74.07 and a 1-year high of $116.65.

HealthEquity (NASDAQ:HQY) last released its quarterly earnings data on Wednesday, December 3rd. The company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.11. HealthEquity had a return on equity of 12.94% and a net margin of 14.86%.The business had revenue of $322.16 million for the quarter, compared to the consensus estimate of $320.92 million. During the same quarter in the prior year, the business posted $0.78 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. HealthEquity has set its FY 2026 guidance at 3.870-3.950 EPS. On average, sell-side analysts expect that HealthEquity, Inc. will post 2.32 EPS for the current fiscal year.

HealthEquity Profile

HealthEquity, Inc (NASDAQ: HQY) is a leading administrator of consumer-directed health accounts and related benefit solutions in the United States. Founded in 2002 and headquartered in Draper, Utah, the company specializes in health savings accounts (HSAs) and offers complementary services such as flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), COBRA administration and commuter benefits. Through its technology-driven platform, HealthEquity enables employers, health plans and individuals to streamline account management, improve cost transparency and encourage more informed healthcare spending.

Serving millions of members across all 50 states, HealthEquity leverages an open-architecture ecosystem that integrates with health plans, payroll providers and financial institutions.