HMS Holdings Corp (NASDAQ:HMSY) EVP Cynthia Nustad sold 73,781 shares of the company’s stock in a transaction dated Tuesday, December 4th. The shares were sold at an average price of $34.91, for a total value of $2,575,694.71. Following the completion of the transaction, the executive vice president now owns 108,312 shares in the company, valued at approximately $3,781,171.92. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Cynthia Nustad also recently made the following trade(s):
- On Friday, November 30th, Cynthia Nustad sold 112,397 shares of HMS stock. The shares were sold at an average price of $34.64, for a total value of $3,893,432.08.
- On Tuesday, November 27th, Cynthia Nustad sold 78,899 shares of HMS stock. The shares were sold at an average price of $34.16, for a total value of $2,695,189.84.
NASDAQ:HMSY opened at $33.86 on Friday. HMS Holdings Corp has a 52 week low of $14.88 and a 52 week high of $38.15. The company has a market capitalization of $2.89 billion, a P/E ratio of 78.74, a PEG ratio of 3.69 and a beta of 1.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.04 and a current ratio of 4.04.
HMS (NASDAQ:HMSY) last released its quarterly earnings data on Friday, November 2nd. The business services provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.10. HMS had a return on equity of 10.63% and a net margin of 8.01%. The firm had revenue of $154.20 million for the quarter, compared to the consensus estimate of $140.93 million. During the same quarter in the prior year, the company posted $0.19 earnings per share. The firm’s revenue was up 22.7% on a year-over-year basis. On average, sell-side analysts anticipate that HMS Holdings Corp will post 0.85 EPS for the current year.
A number of equities analysts have recently weighed in on the company. Zacks Investment Research upgraded HMS from a “hold” rating to a “strong-buy” rating and set a $41.00 target price on the stock in a report on Thursday, November 8th. BidaskClub upgraded HMS from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 7th. Cantor Fitzgerald increased their price objective on HMS to $31.00 and gave the stock a “neutral” rating in a report on Monday, November 5th. First Analysis upgraded HMS from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $31.00 to $38.00 in a report on Sunday, November 4th. Finally, Chardan Capital began coverage on HMS in a report on Thursday, September 13th. They issued a “neutral” rating and a $35.00 price objective on the stock. Three analysts have rated the stock with a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $33.90.
A number of large investors have recently added to or reduced their stakes in the stock. Riverhead Capital Management LLC increased its holdings in HMS by 19.2% in the third quarter. Riverhead Capital Management LLC now owns 9,320 shares of the business services provider’s stock worth $306,000 after buying an additional 1,500 shares during the last quarter. Blair William & Co. IL boosted its position in HMS by 1.3% during the third quarter. Blair William & Co. IL now owns 165,055 shares of the business services provider’s stock worth $5,415,000 after purchasing an additional 2,055 shares during the period. Victory Capital Management Inc. boosted its position in HMS by 15.9% during the second quarter. Victory Capital Management Inc. now owns 16,690 shares of the business services provider’s stock worth $361,000 after purchasing an additional 2,289 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in HMS by 13.2% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,925 shares of the business services provider’s stock worth $654,000 after purchasing an additional 2,322 shares during the period. Finally, Carillon Tower Advisers Inc. boosted its position in HMS by 2.0% during the third quarter. Carillon Tower Advisers Inc. now owns 149,577 shares of the business services provider’s stock worth $4,908,000 after purchasing an additional 2,931 shares during the period. Hedge funds and other institutional investors own 93.93% of the company’s stock.
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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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