Semler Scientific, Inc. (NASDAQ:SMLR) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its holdings in Semler Scientific, Inc. (NASDAQ:SMLR - Free Report) by 18.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 150,327 shares of the company's stock after selling 34,955 shares during the period. Dimensional Fund Advisors LP owned 1.62% of Semler Scientific worth $8,119,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp bought a new position in shares of Semler Scientific in the 4th quarter worth approximately $34,000. Larson Financial Group LLC purchased a new stake in Semler Scientific during the fourth quarter valued at approximately $38,000. NewEdge Advisors LLC increased its holdings in Semler Scientific by 318.3% during the fourth quarter. NewEdge Advisors LLC now owns 732 shares of the company's stock valued at $40,000 after buying an additional 557 shares during the last quarter. IFP Advisors Inc purchased a new position in Semler Scientific during the fourth quarter valued at approximately $54,000. Finally, Global Retirement Partners LLC lifted its position in shares of Semler Scientific by 62.5% in the fourth quarter. Global Retirement Partners LLC now owns 1,300 shares of the company's stock valued at $70,000 after acquiring an additional 500 shares in the last quarter. 49.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Semler Scientific Price Performance

Semler Scientific stock traded down $0.69 during mid-day trading on Thursday, reaching $31.86. 325,597 shares of the company traded hands, compared to its average volume of 435,936. The firm's fifty day moving average is $34.90 and its two-hundred day moving average is $46.62. The company has a market capitalization of $305.71 million, a price-to-earnings ratio of 6.49 and a beta of 1.33. Semler Scientific, Inc. has a fifty-two week low of $21.77 and a fifty-two week high of $81.56.

Semler Scientific (NASDAQ:SMLR - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported ($0.76) earnings per share (EPS) for the quarter. Semler Scientific had a net margin of 72.65% and a return on equity of 50.77%. The company had revenue of $8.84 million during the quarter.

Semler Scientific Company 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.