Insider Selling: HealthStream, Inc. (NASDAQ:HSTM) SVP Sells $84,090.00 in Stock

HealthStream, Inc. (NASDAQ:HSTM) SVP Kevin P. O’hara sold 3,000 shares of the stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $28.03, for a total transaction of $84,090.00. Following the transaction, the senior vice president now owns 9,527 shares of the company’s stock, valued at approximately $267,041.81. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

HealthStream Trading Down 0.2 %

HealthStream stock opened at $27.99 on Monday. The firm has a market capitalization of $850.84 million, a PE ratio of 48.26, a price-to-earnings-growth ratio of 4.42 and a beta of 0.38. HealthStream, Inc. has a 12-month low of $20.47 and a 12-month high of $31.15. The firm has a 50-day moving average price of $28.38 and a 200-day moving average price of $27.14.

HealthStream (NASDAQ:HSTM) last announced its earnings results on Monday, July 22nd. The technology company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. The business had revenue of $71.56 million during the quarter, compared to analyst estimates of $72.85 million. HealthStream had a return on equity of 5.19% and a net margin of 6.26%. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.13 earnings per share. As a group, sell-side analysts predict that HealthStream, Inc. will post 0.56 earnings per share for the current fiscal year.

HealthStream Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 16th. Shareholders of record on Monday, August 5th will be given a $0.028 dividend. This represents a $0.11 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend is Monday, August 5th. HealthStream’s dividend payout ratio (DPR) is presently 18.97%.

Analyst Ratings Changes

HSTM has been the topic of several recent research reports. StockNews.com cut shares of HealthStream from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 24th. Canaccord Genuity Group raised their price objective on HealthStream from $27.00 to $28.00 and gave the company a “hold” rating in a research note on Wednesday, July 24th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.00.

Institutional Trading of HealthStream

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC grew its holdings in shares of HealthStream by 172.1% in the second quarter. GAMMA Investing LLC now owns 996 shares of the technology company’s stock worth $28,000 after purchasing an additional 630 shares during the last quarter. Parallel Advisors LLC grew its stake in HealthStream by 79.4% in the 4th quarter. Parallel Advisors LLC now owns 1,132 shares of the technology company’s stock worth $31,000 after acquiring an additional 501 shares in the last quarter. CWM LLC increased its position in shares of HealthStream by 405.4% during the second quarter. CWM LLC now owns 2,709 shares of the technology company’s stock worth $76,000 after acquiring an additional 2,173 shares during the period. Diversified Trust Co purchased a new position in shares of HealthStream during the first quarter worth approximately $213,000. Finally, EntryPoint Capital LLC raised its stake in shares of HealthStream by 80.4% during the first quarter. EntryPoint Capital LLC now owns 8,045 shares of the technology company’s stock valued at $214,000 after acquiring an additional 3,586 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

About HealthStream

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.