Insider Selling: HealthStream, Inc. (NASDAQ:HSTM) SVP Sells 1,000 Shares of Stock

HealthStream, Inc. (NASDAQ:HSTM - Get Free Report) SVP Scott Fenstermacher sold 1,000 shares of the firm's stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $26.19, for a total transaction of $26,190.00. Following the transaction, the senior vice president now directly owns 13,008 shares in the company, valued at $340,679.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

HealthStream Stock Up 1.2 %

NASDAQ HSTM traded up $0.30 during trading hours on Wednesday, reaching $26.07. 119,037 shares of the company were exchanged, compared to its average volume of 106,475. The stock has a market capitalization of $792.53 million, a P/E ratio of 44.43, a P/E/G ratio of 4.01 and a beta of 0.36. HealthStream, Inc. has a 1 year low of $20.47 and a 1 year high of $29.12. The business's 50 day simple moving average is $26.00 and its 200-day simple moving average is $26.00.

HealthStream (NASDAQ:HSTM - Get Free Report) last issued its quarterly earnings results on Monday, April 22nd. The technology company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.07. The company had revenue of $72.80 million during the quarter, compared to analyst estimates of $71.88 million. HealthStream had a net margin of 6.30% and a return on equity of 5.21%. HealthStream's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.12 EPS. As a group, sell-side analysts anticipate that HealthStream, Inc. will post 0.54 earnings per share for the current year.

HealthStream Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Monday, May 6th will be paid a $0.028 dividend. The ex-dividend date is Friday, May 3rd. This represents a $0.11 annualized dividend and a dividend yield of 0.43%. HealthStream's payout ratio is presently 18.97%.

Analyst Upgrades and Downgrades

Several research firms have commented on HSTM. Barclays initiated coverage on shares of HealthStream in a research report on Wednesday, January 3rd. They set an "overweight" rating and a $32.00 target price on the stock. StockNews.com downgraded HealthStream from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, April 24th. Finally, William Blair reissued an "outperform" rating on shares of HealthStream in a research report on Tuesday, February 20th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.00.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in HealthStream in the 3rd quarter valued at about $252,000. Strs Ohio increased its stake in shares of HealthStream by 10.7% in the third quarter. Strs Ohio now owns 27,900 shares of the technology company's stock worth $602,000 after purchasing an additional 2,700 shares in the last quarter. Cambiar Investors LLC increased its stake in shares of HealthStream by 21.2% in the third quarter. Cambiar Investors LLC now owns 111,321 shares of the technology company's stock worth $2,402,000 after purchasing an additional 19,499 shares in the last quarter. Signaturefd LLC raised its position in shares of HealthStream by 568.2% in the third quarter. Signaturefd LLC now owns 1,156 shares of the technology company's stock valued at $25,000 after purchasing an additional 983 shares during the period. Finally, Assenagon Asset Management S.A. lifted its stake in shares of HealthStream by 295.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 133,712 shares of the technology company's stock valued at $2,886,000 after buying an additional 99,913 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

HealthStream Company 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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