Semler Scientific (NASDAQ:SMLR) Shares Gap Up – Time to Buy?

Semler Scientific, Inc. (NASDAQ:SMLR) gapped up prior to trading on Friday . The stock had previously closed at $58.24, but opened at $62.00. Semler Scientific shares last traded at $64.75, with a volume of 86,980 shares changing hands.

Semler Scientific Stock Up 12.2 %

The business has a fifty day moving average of $58.62 and a 200 day moving average of $39.06. The firm has a market cap of $605.80 million, a P/E ratio of 31.85 and a beta of 1.18.

Semler Scientific (NASDAQ:SMLR) last released its quarterly earnings data on Monday, November 4th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.35. The business had revenue of $13.51 million during the quarter. Semler Scientific had a return on equity of 20.31% and a net margin of 27.00%.

Institutional Investors Weigh In On Semler Scientific

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cerity Partners LLC grew its stake in Semler Scientific by 91.5% in the third quarter. Cerity Partners LLC now owns 1,345,586 shares of the company’s stock valued at $31,689,000 after acquiring an additional 642,982 shares during the period. Shariaportfolio Inc. acquired a new position in Semler Scientific in the third quarter valued at about $3,618,000. AQR Capital Management LLC grew its stake in Semler Scientific by 150.1% in the second quarter. AQR Capital Management LLC now owns 140,498 shares of the company’s stock valued at $4,833,000 after acquiring an additional 84,314 shares during the period. Geode Capital Management LLC grew its stake in Semler Scientific by 10.5% in the third quarter. Geode Capital Management LLC now owns 135,959 shares of the company’s stock valued at $3,202,000 after acquiring an additional 12,964 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in Semler Scientific by 18.3% in the second quarter. Dimensional Fund Advisors LP now owns 126,177 shares of the company’s stock valued at $4,341,000 after acquiring an additional 19,552 shares during the period. Institutional investors own 49.37% of the company’s stock.

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.