Segall Bryant & Hamill LLC Purchases 93,242 Shares of Viemed Healthcare, Inc. (NASDAQ:VMD)

Segall Bryant & Hamill LLC boosted its holdings in Viemed Healthcare, Inc. (NASDAQ:VMD - Free Report) by 252.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 130,229 shares of the company's stock after acquiring an additional 93,242 shares during the quarter. Segall Bryant & Hamill LLC owned 0.33% of Viemed Healthcare worth $948,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Corton Capital Inc. acquired a new position in Viemed Healthcare in the fourth quarter valued at about $82,000. EntryPoint Capital LLC acquired a new position in shares of Viemed Healthcare during the fourth quarter worth approximately $92,000. Prudential Financial Inc. acquired a new position in shares of Viemed Healthcare during the fourth quarter worth approximately $93,000. Man Group plc acquired a new position in shares of Viemed Healthcare during the fourth quarter worth approximately $95,000. Finally, Oxford Asset Management LLP acquired a new position in shares of Viemed Healthcare during the fourth quarter worth approximately $98,000. Institutional investors own 74.24% of the company's stock.

Insiders Place Their Bets

In related news, Director Nitin Kaushal sold 34,100 shares of the stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $7.01, for a total value of $239,041.00. Following the transaction, the director directly owned 126,843 shares in the company, valued at $889,169.43. This represents a 21.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 20.00% of the stock is owned by corporate insiders.

Viemed Healthcare Price Performance

Shares of VMD stock traded down $0.18 during trading hours on Friday, reaching $6.49. 206,271 shares of the company were exchanged, compared to its average volume of 146,624. Viemed Healthcare, Inc. has a fifty-two week low of $6.14 and a fifty-two week high of $9.81. The stock's fifty day moving average is $6.76 and its two-hundred day moving average is $7.26. The company has a market cap of $256.51 million, a price-to-earnings ratio of 21.63 and a beta of 1.37. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.38 and a quick ratio of 1.26.

Viemed Healthcare (NASDAQ:VMD - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. Viemed Healthcare had a net margin of 5.28% and a return on equity of 9.49%. The business had revenue of $59.10 million for the quarter, compared to analyst estimates of $60.60 million.

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.