Inspire Investing LLC Has $391,000 Position in HealthStream, Inc. $HSTM

Key Points

• Inspire Investing LLC significantly reduced its stake in HealthStream, Inc. by 59.6%, holding 14,132 shares valued at approximately $391,000 after selling 20,839 shares.
• HealthStream's recent earnings report showed an EPS of $0.18, exceeding analysts' expectations, with revenue around $74.40 million.
• The company has a consensus rating of "Moderate Buy" with a price target set at $31.00 from various analysts, indicating positive growth potential.

Inspire Investing LLC reduced its stake in HealthStream, Inc. (NASDAQ:HSTM - Free Report) by 59.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,132 shares of the technology company's stock after selling 20,839 shares during the period. Inspire Investing LLC's holdings in HealthStream were worth $391,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Horizon Advisors Inc. increased its holdings in shares of HealthStream by 99.6% in the first quarter. First Horizon Advisors Inc. now owns 1,056 shares of the technology company's stock valued at $34,000 after purchasing an additional 527 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of HealthStream by 30.8% in the first quarter. GAMMA Investing LLC now owns 2,082 shares of the technology company's stock valued at $67,000 after acquiring an additional 490 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of HealthStream by 62.5% in the first quarter. PNC Financial Services Group Inc. now owns 2,625 shares of the technology company's stock valued at $84,000 after acquiring an additional 1,010 shares in the last quarter. Virtus Advisers LLC acquired a new position in shares of HealthStream in the first quarter valued at about $161,000. Finally, Public Employees Retirement System of Ohio grew its stake in shares of HealthStream by 342.2% in the second quarter. Public Employees Retirement System of Ohio now owns 6,407 shares of the technology company's stock valued at $177,000 after acquiring an additional 4,958 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on HSTM shares. Weiss Ratings restated a "hold (c)" rating on shares of HealthStream in a research note on Wednesday, October 8th. Canaccord Genuity Group decreased their price target on shares of HealthStream from $29.00 to $28.00 and set a "hold" rating on the stock in a research note on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $31.00.

HealthStream Stock Up 1.7%

Shares of HealthStream stock opened at $25.83 on Wednesday. The company has a market capitalization of $765.63 million, a price-to-earnings ratio of 38.55, a PEG ratio of 3.18 and a beta of 0.47. HealthStream, Inc. has a 12-month low of $25.00 and a 12-month high of $34.24. The firm's 50-day moving average price is $27.66 and its two-hundred day moving average price is $28.45.

HealthStream (NASDAQ:HSTM - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The technology company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.02. The firm had revenue of $74.40 million for the quarter, compared to the consensus estimate of $74.39 million. HealthStream had a net margin of 6.89% and a return on equity of 5.70%. HealthStream has set its FY 2025 guidance at EPS. On average, sell-side analysts expect that HealthStream, Inc. will post 0.63 earnings per share for the current year.

HealthStream Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Monday, August 18th were paid a dividend of $0.031 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, August 18th. HealthStream's dividend payout ratio is presently 17.91%.

Insider Transactions at HealthStream

In other news, EVP Kevin P. O'hara sold 2,000 shares of the stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $27.97, for a total value of $55,940.00. Following the completion of the transaction, the executive vice president owned 17,137 shares of the company's stock, valued at approximately $479,321.89. This represents a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.60% of the stock is owned by insiders.

HealthStream Profile

HealthStream, Inc provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States. The company's solutions help healthcare organizations in meeting their ongoing clinical development, talent management, training, education, assessment, competency management, safety and compliance, and scheduling, as well as provider credentialing, privileging, and enrollment needs.

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