G2 Investment Partners Management LLC Acquires New Shares in Semler Scientific, Inc. (NASDAQ:SMLR)

G2 Investment Partners Management LLC bought a new stake in Semler Scientific, Inc. (NASDAQ:SMLR - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 30,576 shares of the company's stock, valued at approximately $1,651,000. G2 Investment Partners Management LLC owned 0.33% of Semler Scientific at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in SMLR. Veery Capital LLC acquired a new stake in shares of Semler Scientific during the fourth quarter valued at about $324,000. Exchange Traded Concepts LLC boosted its holdings in Semler Scientific by 345.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 61,396 shares of the company's stock valued at $3,315,000 after purchasing an additional 47,625 shares during the last quarter. Deltec Asset Management LLC acquired a new stake in Semler Scientific during the 4th quarter valued at approximately $2,462,000. Principal Financial Group Inc. increased its holdings in Semler Scientific by 633.1% during the 4th quarter. Principal Financial Group Inc. now owns 112,487 shares of the company's stock worth $6,074,000 after purchasing an additional 97,144 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its position in shares of Semler Scientific by 13.2% in the 4th quarter. Sanctuary Advisors LLC now owns 5,012 shares of the company's stock valued at $261,000 after purchasing an additional 584 shares in the last quarter. 49.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Lake Street Capital raised their price target on shares of Semler Scientific from $40.00 to $71.00 and gave the stock a "buy" rating in a research report on Friday, January 24th.

Semler Scientific Stock Down 1.3%

Shares of SMLR traded down $0.45 during midday trading on Friday, hitting $34.79. The company had a trading volume of 489,843 shares, compared to its average volume of 426,605. The stock has a market cap of $333.88 million, a price-to-earnings ratio of 7.09 and a beta of 1.33. The company's 50 day moving average price is $35.05 and its 200 day moving average price is $46.74. Semler Scientific, Inc. has a 52 week low of $21.77 and a 52 week high of $81.56.

Semler Scientific (NASDAQ:SMLR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $3.41 earnings per share for the quarter, beating the consensus estimate of $0.20 by $3.21. Semler Scientific had a return on equity of 50.77% and a net margin of 72.65%. The firm had revenue of $12.41 million during the quarter.

About Semler Scientific

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.