HealthStream, Inc. (NASDAQ:HSTM) Short Interest Update

HealthStream, Inc. (NASDAQ:HSTM - Get Free Report) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 281,300 shares, a growth of 15.9% from the March 31st total of 242,800 shares. Currently, 1.2% of the company's stock are sold short. Based on an average trading volume of 110,200 shares, the short-interest ratio is presently 2.6 days.

HealthStream Trading Up 1.4 %

Shares of HSTM stock traded up $0.36 during trading on Monday, hitting $25.97. The company's stock had a trading volume of 106,301 shares, compared to its average volume of 106,616. The company has a market cap of $789.49 million, a PE ratio of 44.78, a P/E/G ratio of 3.95 and a beta of 0.36. The business has a fifty day moving average of $26.05 and a 200-day moving average of $25.95. HealthStream has a 52 week low of $20.47 and a 52 week high of $29.12.

HealthStream (NASDAQ:HSTM - Get Free Report) last posted its quarterly earnings data on Monday, April 22nd. The technology company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.07. HealthStream had a return on equity of 5.21% and a net margin of 6.30%. The business had revenue of $72.80 million for the quarter, compared to analysts' expectations of $71.88 million. During the same quarter in the previous year, the firm earned $0.12 earnings per share. The business's revenue was up 5.7% on a year-over-year basis. As a group, research analysts predict that HealthStream will post 0.54 EPS for the current year.

HealthStream Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Monday, May 6th will be given a dividend of $0.028 per share. The ex-dividend date is Friday, May 3rd. This represents a $0.11 annualized dividend and a yield of 0.43%. HealthStream's payout ratio is currently 18.97%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. StockNews.com lowered HealthStream from a "strong-buy" rating to a "buy" rating in a report on Wednesday, April 24th. Barclays assumed coverage on HealthStream in a research note on Wednesday, January 3rd. They set an "overweight" rating and a $32.00 price objective on the stock. Finally, William Blair reiterated an "outperform" rating on shares of HealthStream in a research note on Tuesday, February 20th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, HealthStream has an average rating of "Moderate Buy" and an average target price of $32.00.

Insider Buying and Selling at HealthStream

In other news, SVP Trisha L. Coady sold 7,000 shares of the company's stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $26.34, for a total transaction of $184,380.00. Following the transaction, the senior vice president now directly owns 14,693 shares of the company's stock, valued at $387,013.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other HealthStream news, SVP Trisha L. Coady sold 7,000 shares of the firm's stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $26.34, for a total value of $184,380.00. Following the transaction, the senior vice president now directly owns 14,693 shares of the company's stock, valued at $387,013.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael Sousa sold 15,000 shares of HealthStream stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $27.25, for a total transaction of $408,750.00. Following the transaction, the executive vice president now owns 42,525 shares of the company's stock, valued at $1,158,806.25. The disclosure for this sale can be found here. Insiders own 20.60% of the company's stock.

Institutional Trading of HealthStream

Hedge funds have recently added to or reduced their stakes in the stock. First Eagle Investment Management LLC raised its holdings in shares of HealthStream by 90.5% in the 3rd quarter. First Eagle Investment Management LLC now owns 354,776 shares of the technology company's stock worth $7,656,000 after purchasing an additional 168,497 shares during the period. Assenagon Asset Management S.A. lifted its holdings in HealthStream by 295.6% during the third quarter. Assenagon Asset Management S.A. now owns 133,712 shares of the technology company's stock valued at $2,886,000 after purchasing an additional 99,913 shares during the last quarter. B. Riley Asset Management LLC bought a new position in HealthStream during the third quarter worth about $1,449,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of HealthStream by 9.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 306,338 shares of the technology company's stock valued at $8,280,000 after purchasing an additional 27,274 shares during the period. Finally, Cambiar Investors LLC boosted its holdings in HealthStream by 21.2% in the 3rd quarter. Cambiar Investors LLC now owns 111,321 shares of the technology company's stock worth $2,402,000 after buying an additional 19,499 shares during the period. 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.