Viemed Healthcare, Inc. (NASDAQ:VMD) Shares Bought by Divisadero Street Capital Management LP

Divisadero Street Capital Management LP boosted its holdings in Viemed Healthcare, Inc. (NASDAQ:VMD - Free Report) by 84.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 646,273 shares of the company's stock after acquiring an additional 296,481 shares during the period. Divisadero Street Capital Management LP owned about 1.66% of Viemed Healthcare worth $5,183,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Renaissance Technologies LLC lifted its position in Viemed Healthcare by 2.3% in the 4th quarter. Renaissance Technologies LLC now owns 373,000 shares of the company's stock valued at $2,991,000 after purchasing an additional 8,400 shares during the last quarter. Bard Associates Inc. increased its stake in shares of Viemed Healthcare by 1.3% in the fourth quarter. Bard Associates Inc. now owns 349,526 shares of the company's stock valued at $2,803,000 after purchasing an additional 4,474 shares during the period. First Eagle Investment Management LLC raised its holdings in shares of Viemed Healthcare by 196.5% during the fourth quarter. First Eagle Investment Management LLC now owns 328,824 shares of the company's stock valued at $2,637,000 after buying an additional 217,923 shares during the last quarter. Northern Trust Corp boosted its position in shares of Viemed Healthcare by 1.8% during the fourth quarter. Northern Trust Corp now owns 286,818 shares of the company's stock worth $2,300,000 after buying an additional 5,090 shares during the period. Finally, Apis Capital Advisors LLC grew its holdings in Viemed Healthcare by 14.4% in the 4th quarter. Apis Capital Advisors LLC now owns 279,600 shares of the company's stock worth $2,242,000 after buying an additional 35,200 shares in the last quarter. 74.24% of the stock is currently owned by institutional investors and hedge funds.

Viemed Healthcare Stock Performance

Viemed Healthcare stock traded down $0.10 during mid-day trading on Friday, hitting $6.32. 294,621 shares of the company's stock traded hands, compared to its average volume of 141,600. The company has a quick ratio of 1.19, a current ratio of 1.31 and a debt-to-equity ratio of 0.03. Viemed Healthcare, Inc. has a one year low of $6.14 and a one year high of $9.81. The firm has a 50 day moving average price of $7.10 and a 200 day moving average price of $7.94. The company has a market cap of $249.79 million, a PE ratio of 23.41 and a beta of 1.49.

Viemed Healthcare (NASDAQ:VMD - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. The business had revenue of $59.10 million during the quarter, compared to the consensus estimate of $60.60 million. Viemed Healthcare had a net margin of 4.87% and a return on equity of 8.72%.

Viemed Healthcare Profile

Viemed Healthcare, Inc, together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.