HealthStream (NASDAQ:HSTM) EVP Sells $124,440.00 in Stock

HealthStream, Inc. (NASDAQ:HSTM) EVP Kevin O’hara sold 4,000 shares of the business’s stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $31.11, for a total value of $124,440.00. Following the transaction, the executive vice president owned 18,901 shares of the company’s stock, valued at approximately $588,010.11. The trade was a 17.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

HealthStream Price Performance

NASDAQ HSTM traded down $0.71 during trading on Friday, reaching $28.89. The company’s stock had a trading volume of 249,732 shares, compared to its average volume of 254,352. The stock has a market capitalization of $844.02 million, a PE ratio of 41.27, a P/E/G ratio of 3.76 and a beta of 0.45. The firm has a fifty day moving average of $31.20 and a 200 day moving average of $25.79. HealthStream, Inc. has a one year low of $19.50 and a one year high of $35.60.

HealthStream (NASDAQ:HSTM) last released its quarterly earnings results on Monday, November 2nd. The technology company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. The firm had revenue of $83.31 million for the quarter, compared to analysts’ expectations of $82.24 million. HealthStream had a return on equity of 6.37% and a net margin of 6.25%. Research analysts expect that HealthStream, Inc. will post 0.72 earnings per share for the current fiscal year.

HealthStream Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Monday, November 16th will be paid a $0.0350 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Monday, November 16th. HealthStream’s dividend payout ratio (DPR) is currently 20.00%.

Institutional Investors Weigh In On HealthStream

A number of institutional investors have recently made changes to their positions in HSTM. Russell Investments Group Ltd. raised its position in HealthStream by 12.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 92,038 shares of the technology company’s stock worth $2,736,000 after purchasing an additional 9,882 shares during the period. Illinois Municipal Retirement Fund boosted its position in HealthStream by 3.7% during the third quarter. Illinois Municipal Retirement Fund now owns 11,755 shares of the technology company’s stock valued at $349,000 after buying an additional 423 shares during the period. Bridge City Capital LLC boosted its position in HealthStream by 17.6% during the third quarter. Bridge City Capital LLC now owns 60,860 shares of the technology company’s stock valued at $1,808,000 after buying an additional 9,095 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of HealthStream in the 3rd quarter valued at about $160,000. Finally, Vise Technologies Inc. boosted its holdings in HealthStream by 35.4% during the 3rd quarter. Vise Technologies Inc. now owns 14,043 shares of the technology company’s stock valued at $417,000 after acquiring an additional 3,671 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analyst Upgrades and Downgrades

HSTM has been the subject of a number of research reports. Weiss Ratings raised shares of HealthStream from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Wall Street Zen upgraded shares of HealthStream from a “hold” rating to a “buy” rating in a research report on Saturday, October 31st. Craig Hallum downgraded shares of HealthStream from a “buy” rating to a “hold” rating and set a $40.00 price objective for the company. in a report on Tuesday. Freedom Capital raised HealthStream to a “hold” rating in a research note on Tuesday, October 13th. Finally, Citigroup reiterated a “market perform” rating on shares of HealthStream in a report on Tuesday, October 27th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $36.00.

About HealthStream

HealthStream, Inc provides workforce and provider solutions designed for healthcare organizations. Its software and services help hospitals, health systems, medical practices and other healthcare providers manage employee education, training, credentialing, compliance and professional development.

The company’s offerings include learning management and education tools, competency and performance-management solutions, and systems for managing provider credentials, privileging and enrollment.