Streamline Health Solutions, Inc. (STRM) SVP Purchases $12,300.00 in Stock

Streamline Health Solutions, Inc. (NASDAQ:STRM) SVP Shaun Linwood Priest acquired 8,200 shares of the business’s stock in a transaction dated Friday, October 13th. The shares were bought at an average cost of $1.50 per share, with a total value of $12,300.00. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of Streamline Health Solutions, Inc. (NASDAQ:STRM) opened at 1.65 on Friday. The company’s market capitalization is $32.73 million. The firm’s 50-day moving average is $1.53 and its 200 day moving average is $1.27. Streamline Health Solutions, Inc. has a 52 week low of $0.85 and a 52 week high of $2.82.

Streamline Health Solutions (NASDAQ:STRM) last released its earnings results on Wednesday, September 13th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.03. Streamline Health Solutions had a negative net margin of 24.50% and a negative return on equity of 56.04%. The firm had revenue of $5.92 million for the quarter, compared to analyst estimates of $6.54 million. On average, analysts anticipate that Streamline Health Solutions, Inc. will post ($0.22) earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This report was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another publication, it was copied illegally and republished in violation of US and international trademark and copyright law. The original version of this report can be viewed at https://www.dispatchtribunal.com/2017/10/28/insider-buying-streamline-health-solutions-inc-strm-svp-purchases-12300-00-in-stock.html.

A number of hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC increased its holdings in Streamline Health Solutions by 17.8% in the 1st quarter. Renaissance Technologies LLC now owns 278,895 shares of the company’s stock valued at $284,000 after buying an additional 42,195 shares during the period. First Light Asset Management LLC increased its holdings in Streamline Health Solutions by 8.3% in the 2nd quarter. First Light Asset Management LLC now owns 1,771,550 shares of the company’s stock valued at $1,896,000 after buying an additional 135,605 shares during the period. Finally, Kennedy Capital Management Inc. increased its holdings in Streamline Health Solutions by 43.7% in the 2nd quarter. Kennedy Capital Management Inc. now owns 534,176 shares of the company’s stock valued at $572,000 after buying an additional 162,521 shares during the period. 37.92% of the stock is currently owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research raised shares of Streamline Health Solutions from a “hold” rating to a “buy” rating and set a $1.50 target price on the stock in a research note on Wednesday, September 27th.

Streamline Health Solutions Company Profile

Streamline Health Solutions, Inc is engaged in providing healthcare information technology through the licensing of its Electronic Health Information Management, Patient Financial, Coding and Clinical Documentation Improvement (CDI), and other Workflow software applications, and the use of such applications by software as a service.

Insider Buying and Selling by Quarter for Streamline Health Solutions (NASDAQ:STRM)

Receive News & Ratings for Streamline Health Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Streamline Health Solutions Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply