Semler Scientific Inc. (NASDAQ:SMLR) is Shariaportfolio Inc.'s 10th Largest Position

Shariaportfolio Inc. reduced its stake in shares of Semler Scientific Inc. (NASDAQ:SMLR - Free Report) by 34.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 104,803 shares of the company's stock after selling 55,650 shares during the quarter. Semler Scientific makes up about 2.0% of Shariaportfolio Inc.'s holdings, making the stock its 10th biggest holding. Shariaportfolio Inc. owned about 1.09% of Semler Scientific worth $3,796,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SMLR. Capital International Investors purchased a new stake in Semler Scientific in the fourth quarter worth about $30,813,000. Susquehanna Advisors Group Inc. purchased a new stake in shares of Semler Scientific in the 4th quarter worth approximately $26,928,000. Driehaus Capital Management LLC bought a new position in Semler Scientific during the 4th quarter valued at approximately $10,122,000. Thames Capital Management LLC purchased a new position in Semler Scientific during the fourth quarter valued at $6,465,000. Finally, Invesco Ltd. purchased a new position in Semler Scientific during the fourth quarter valued at $5,964,000. 49.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen cut Semler Scientific from a "buy" rating to a "sell" rating in a research note on Thursday, May 22nd.

Semler Scientific Stock Performance

Shares of NASDAQ SMLR traded down $2.25 during trading on Thursday, hitting $38.79. The company had a trading volume of 1,859,132 shares, compared to its average volume of 547,637. The stock has a 50 day simple moving average of $36.00 and a 200 day simple moving average of $44.04. The firm has a market capitalization of $432.51 million, a P/E ratio of -14.86 and a beta of 1.42. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.51 and a current ratio of 0.52. Semler Scientific Inc. has a 12 month low of $21.77 and a 12 month high of $81.56.

Semler Scientific (NASDAQ:SMLR - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported ($0.76) earnings per share for the quarter. The firm had revenue of $8.84 million for the quarter. Semler Scientific had a negative net margin of 60.69% and a positive return on equity of 19.75%.

Semler Scientific Profile

Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company's products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient's vascular condition.