Insider Selling: Viemed Healthcare, Inc. (NASDAQ:VMD) Director Sells 34,100 Shares of Stock

Viemed Healthcare, Inc. (NASDAQ:VMD - Get Free Report) Director Nitin Kaushal sold 34,100 shares of the business's stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $7.01, for a total value of $239,041.00. Following the completion of the transaction, the director owned 126,843 shares in the company, valued at $889,169.43. The trade was a 21.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Nitin Kaushal also recently made the following trade(s):

• On Thursday, June 26th, Nitin Kaushal sold 8,852 shares of Viemed Healthcare stock. The stock was sold at an average price of $7.00, for a total value of $61,964.00.

Viemed Healthcare Stock Performance

Shares of Viemed Healthcare stock traded down $0.01 during trading hours on Monday, hitting $6.91. 462,752 shares of the company's stock traded hands, compared to its average volume of 143,649. The stock has a market capitalization of $273.08 million, a price-to-earnings ratio of 23.03 and a beta of 1.38. Viemed Healthcare, Inc. has a 12-month low of $6.14 and a 12-month high of $9.81. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.38 and a quick ratio of 1.26. The company has a fifty day simple moving average of $6.78 and a 200-day simple moving average of $7.39.

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 (EPS) for the quarter, hitting analysts' consensus estimates 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 5.28% and a return on equity of 9.49%.

Institutional Investors Weigh In On Viemed Healthcare

Hedge funds have recently modified their holdings of the stock. Strs Ohio bought a new position in Viemed Healthcare during the first quarter worth about $443,000. Jane Street Group LLC purchased a new position in shares of Viemed Healthcare during the 1st quarter valued at $394,000. AQR Capital Management LLC purchased a new position in Viemed Healthcare during the first quarter worth about $90,000. Apis Capital Advisors LLC increased its position in shares of Viemed Healthcare by 8.7% in the first quarter. Apis Capital Advisors LLC now owns 304,000 shares of the company's stock worth $2,213,000 after purchasing an additional 24,400 shares during the last quarter. Finally, Panagora Asset Management Inc. lifted its holdings in shares of Viemed Healthcare by 14.2% during the 1st quarter. Panagora Asset Management Inc. now owns 235,814 shares of the company's stock worth $1,717,000 after acquiring an additional 29,252 shares during the last quarter. Institutional investors own 74.24% of the company's stock.

About Viemed Healthcare

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.

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