William Frazier Sells 10,000 Shares of Viemed Healthcare (NASDAQ:VMD) Stock

Viemed Healthcare, Inc. (NASDAQ:VMD) insider William Frazier sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $11.72, for a total value of $117,200.00. Following the completion of the sale, the insider directly owned 73,214 shares in the company, valued at approximately $858,068.08. This represents a 12.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Viemed Healthcare Stock Down 0.5%

VMD stock traded down $0.06 on Friday, reaching $11.63. 882,599 shares of the company traded hands, compared to its average volume of 260,443. Viemed Healthcare, Inc. has a one year low of $5.93 and a one year high of $11.88. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.22 and a quick ratio of 1.10. The company has a market cap of $445.89 million, a P/E ratio of 31.43 and a beta of 1.12. The firm has a fifty day simple moving average of $9.87 and a 200-day simple moving average of $8.82.

Viemed Healthcare (NASDAQ:VMD) last released its earnings results on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.03). Viemed Healthcare had a return on equity of 10.52% and a net margin of 5.20%.The company had revenue of $75.41 million during the quarter, compared to the consensus estimate of $74.40 million. Research analysts anticipate that Viemed Healthcare, Inc. will post 0.44 earnings per share for the current year.

Institutional Trading of Viemed Healthcare

Several institutional investors have recently bought and sold shares of VMD. State of Alaska Department of Revenue bought a new stake in Viemed Healthcare during the 4th quarter valued at about $25,000. Kemnay Advisory Services Inc. bought a new position in shares of Viemed Healthcare in the fourth quarter worth approximately $46,000. Quarry LP bought a new stake in shares of Viemed Healthcare during the third quarter valued at approximately $48,000. Diversified Trust Co purchased a new position in Viemed Healthcare in the 1st quarter worth approximately $107,000. Finally, AQR Capital Management LLC purchased a new position in Viemed Healthcare in the 1st quarter worth approximately $90,000. 74.24% of the stock is owned by hedge funds and other institutional investors.

About Viemed Healthcare

Viemed Healthcare, Inc (NASDAQ: VMD) is a provider of home-based respiratory therapy services, specializing in the management of patients requiring long-term mechanical ventilation and pulmonary support. The company’s offerings encompass invasive and noninvasive ventilation, airway clearance therapies, cough assist devices, and supplemental oxygen. Viemed combines durable medical equipment with clinical care, delivering tailored respiratory treatment plans that are overseen by licensed respiratory therapists and registered nurses.

Founded in the early 2010s and headquartered in Birmingham, Alabama, Viemed has grown its footprint to serve patients across multiple states in the United States.