Semler Scientific, Inc. (NASDAQ:SMLR - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $41.88, but opened at $43.00. Semler Scientific shares last traded at $45.77, with a volume of 385,921 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded Semler Scientific from a "buy" rating to a "sell" rating in a report on Thursday.
Check Out Our Latest Report on Semler Scientific
Semler Scientific Stock Down 1.4%
The stock has a fifty day moving average of $35.99 and a 200-day moving average of $47.15. The stock has a market capitalization of $494.26 million, a price-to-earnings ratio of 9.03 and a beta of 1.33.
Semler Scientific (NASDAQ:SMLR - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported ($0.76) earnings per share for the quarter. The firm had revenue of $8.84 million during the quarter. Semler Scientific had a net margin of 72.65% and a return on equity of 50.77%.
Institutional Investors Weigh In On Semler Scientific
Large investors have recently modified their holdings of the company. Principal Financial Group Inc. boosted its holdings in shares of Semler Scientific by 633.1% in the fourth quarter. Principal Financial Group Inc. now owns 112,487 shares of the company's stock valued at $6,074,000 after acquiring an additional 97,144 shares during the period. IFP Advisors Inc acquired a new stake in shares of Semler Scientific in the fourth quarter valued at approximately $54,000. Wells Fargo & Company MN boosted its holdings in shares of Semler Scientific by 618.3% in the fourth quarter. Wells Fargo & Company MN now owns 103,465 shares of the company's stock valued at $5,587,000 after acquiring an additional 89,060 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Semler Scientific by 11.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 48,625 shares of the company's stock worth $2,626,000 after purchasing an additional 4,802 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Semler Scientific by 13.2% during the fourth quarter. Sanctuary Advisors LLC now owns 5,012 shares of the company's stock worth $261,000 after purchasing an additional 584 shares during the period. 49.37% of the stock is owned by institutional investors and hedge funds.
About Semler Scientific
(
Get Free Report)
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.
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