HealthStream, Inc. (NASDAQ:HSTM) CFO Gerard M. Hayden, Jr. sold 15,000 shares of the stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $24.63, for a total value of $369,450.00. Following the sale, the chief financial officer now owns 41,401 shares in the company, valued at approximately $1,019,706.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
HSTM traded down $0.41 during trading on Friday, reaching $24.33. The stock had a trading volume of 44,260 shares, compared to its average volume of 110,912. The stock has a market cap of $779.53, a PE ratio of 90.11, a P/E/G ratio of 5.43 and a beta of 0.73. HealthStream, Inc. has a one year low of $21.15 and a one year high of $31.53.
HealthStream (NASDAQ:HSTM) last released its earnings results on Tuesday, February 20th. The technology company reported $0.04 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.01. The business had revenue of $62.76 million for the quarter, compared to analysts’ expectations of $61.98 million. HealthStream had a return on equity of 2.73% and a net margin of 4.04%. equities research analysts predict that HealthStream, Inc. will post 0.28 EPS for the current year.
The company also recently announced a special dividend, which was paid on Tuesday, April 3rd. Investors of record on Tuesday, March 6th were paid a $1.00 dividend. The ex-dividend date was Monday, March 5th.
A number of equities research analysts recently issued reports on HSTM shares. ValuEngine upgraded HealthStream from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Zacks Investment Research downgraded HealthStream from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. BidaskClub downgraded HealthStream from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. Cantor Fitzgerald reiterated a “hold” rating and issued a $24.00 price objective on shares of HealthStream in a research report on Monday, February 12th. Finally, William Blair reiterated an “outperform” rating on shares of HealthStream in a research report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $25.86.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Conestoga Capital Advisors LLC grew its stake in shares of HealthStream by 17.2% during the fourth quarter. Conestoga Capital Advisors LLC now owns 1,755,050 shares of the technology company’s stock valued at $40,647,000 after buying an additional 257,400 shares during the last quarter. ArrowMark Colorado Holdings LLC grew its stake in shares of HealthStream by 35.8% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 532,004 shares of the technology company’s stock valued at $12,321,000 after buying an additional 140,295 shares during the last quarter. BlackRock Inc. grew its stake in shares of HealthStream by 3.9% during the fourth quarter. BlackRock Inc. now owns 3,364,652 shares of the technology company’s stock valued at $77,925,000 after buying an additional 127,152 shares during the last quarter. Connors Investor Services Inc. bought a new position in shares of HealthStream during the fourth quarter valued at about $2,874,000. Finally, Algert Global LLC bought a new position in shares of HealthStream during the third quarter valued at about $1,948,000. 71.03% of the stock is currently owned by institutional investors and hedge funds.
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HealthStream Company Profile
HealthStream, Inc provides workforce and provider solutions to the healthcare organizations in the United States. It operates in HealthStream Workforce Solutions and HealthStream Provider Solutions segments. The company offers workforce development solutions comprising software-as-a-service (SaaS) and subscription-based products to meet talent management, training, certification, competency assessment, performance appraisal, and development needs, as well as training, implementation, and account management services.
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