HMS Holdings Corp (HMSY) CFO Jeffrey Scott Sherman Sells 4,205 Shares

HMS Holdings Corp (NASDAQ:HMSY) CFO Jeffrey Scott Sherman sold 4,205 shares of the company’s stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of $35.69, for a total transaction of $150,076.45. Following the completion of the transaction, the chief financial officer now owns 170,849 shares in the company, valued at $6,097,600.81. The sale was disclosed in a filing with the SEC, which is available through this link.

Jeffrey Scott Sherman also recently made the following trade(s):

  • On Friday, November 30th, Jeffrey Scott Sherman sold 14,681 shares of HMS stock. The stock was sold at an average price of $35.69, for a total transaction of $523,964.89.
  • On Friday, November 23rd, Jeffrey Scott Sherman sold 2,872 shares of HMS stock. The stock was sold at an average price of $35.72, for a total transaction of $102,587.84.
  • On Monday, November 26th, Jeffrey Scott Sherman sold 2,972 shares of HMS stock. The stock was sold at an average price of $35.72, for a total transaction of $106,159.84.
  • On Monday, November 19th, Jeffrey Scott Sherman sold 5,700 shares of HMS stock. The stock was sold at an average price of $36.13, for a total transaction of $205,941.00.
  • On Wednesday, November 21st, Jeffrey Scott Sherman sold 8,600 shares of HMS stock. The stock was sold at an average price of $35.97, for a total transaction of $309,342.00.

HMSY traded down $0.27 on Friday, hitting $34.22. The company had a trading volume of 26,199 shares, compared to its average volume of 609,870. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.04 and a quick ratio of 4.04. HMS Holdings Corp has a 52-week low of $14.88 and a 52-week high of $38.15. The firm has a market capitalization of $2.89 billion, a PE ratio of 79.65, a price-to-earnings-growth ratio of 3.69 and a beta of 1.35.

HMS (NASDAQ:HMSY) last issued its quarterly earnings data on Friday, November 2nd. The business services provider reported $0.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.10. HMS had a net margin of 8.01% and a return on equity of 10.63%. The business had revenue of $154.20 million during the quarter, compared to analyst estimates of $140.93 million. During the same period last year, the business posted $0.19 earnings per share. HMS’s quarterly revenue was up 22.7% compared to the same quarter last year. Analysts expect that HMS Holdings Corp will post 0.85 EPS for the current fiscal year.

A number of equities research analysts recently weighed in on the company. BidaskClub lowered HMS from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 20th. Zacks Investment Research raised HMS from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a research note on Thursday, August 9th. Chardan Capital started coverage on HMS in a research note on Thursday, September 13th. They issued a “neutral” rating and a $35.00 target price on the stock. Cantor Fitzgerald raised their price objective on HMS to $31.00 and gave the company a “neutral” rating in a research note on Monday, November 5th. Finally, First Analysis raised HMS from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $31.00 to $38.00 in a research note on Sunday, November 4th. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and three have issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $33.90.

Institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. lifted its holdings in shares of HMS by 5.2% during the third quarter. BlackRock Inc. now owns 12,188,633 shares of the business services provider’s stock valued at $399,909,000 after purchasing an additional 604,884 shares during the last quarter. Vanguard Group Inc. boosted its holdings in HMS by 2.7% in the third quarter. Vanguard Group Inc. now owns 8,382,915 shares of the business services provider’s stock valued at $275,045,000 after acquiring an additional 216,531 shares during the last quarter. Standard Life Aberdeen plc boosted its holdings in HMS by 45.5% in the third quarter. Standard Life Aberdeen plc now owns 1,542,251 shares of the business services provider’s stock valued at $50,578,000 after acquiring an additional 482,126 shares during the last quarter. Northern Trust Corp boosted its holdings in HMS by 1.4% in the second quarter. Northern Trust Corp now owns 1,133,001 shares of the business services provider’s stock valued at $24,495,000 after acquiring an additional 15,596 shares during the last quarter. Finally, Teachers Advisors LLC boosted its holdings in HMS by 0.6% in the third quarter. Teachers Advisors LLC now owns 861,624 shares of the business services provider’s stock valued at $28,270,000 after acquiring an additional 5,450 shares during the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.

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About HMS

HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. It provides coordination of benefits services to government and commercial healthcare payers and sponsors to coordinate benefits for claims; and payment integrity services that ensure healthcare claims billed are accurate and appropriate, as well as offers care management and consumer engagement solutions.

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