HealthStream (NASDAQ:HSTM) Director Tate Deborah Taylor Sells 3,281 Shares of Stock

HealthStream, Inc. (NASDAQ:HSTM) Director Deborah Tate sold 3,281 shares of the company’s stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $32.19, for a total value of $105,615.39. Following the transaction, the director directly owned 21,418 shares of the company’s stock, valued at $689,445.42. The trade was a 13.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

HealthStream Trading Down 2.4%

NASDAQ HSTM traded down $0.71 on Friday, hitting $28.89. The company’s stock had a trading volume of 249,732 shares, compared to its average volume of 188,233. The firm has a market cap of $844.17 million, a P/E ratio of 41.27, a PEG ratio of 4.00 and a beta of 0.45. HealthStream, Inc. has a 52-week low of $19.50 and a 52-week high of $35.60. The company’s 50-day simple moving average is $31.20 and its 200 day simple moving average is $25.83.

HealthStream (NASDAQ:HSTM) last posted its earnings results on Monday, November 2nd. The technology company reported $0.18 earnings per share (EPS) 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 6.58% and a net margin of 6.25%. On average, research analysts forecast that HealthStream, Inc. will post 0.80 EPS for the current fiscal year.

HealthStream Announces Dividend

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

Trending Headlines about HealthStream

Here are the key news stories impacting HealthStream this week:

• Positive Sentiment: Buy rating upgrade: Zacks upgraded HSTM to Rank #2 (Buy), citing improving earnings prospects, which could support investor optimism. Zacks article
• Positive Sentiment: Raised guidance: HealthStream lifted its outlook, a potentially positive sign for expected business performance, although the article raises the question of whether prior gains already reflect the news. Yahoo Finance article
• Neutral Sentiment: Analyst views remain cautious: Canaccord Genuity raised its price target to $32 from $29 but maintained a Hold rating; Craig Hallum also moved its rating to Hold. These calls suggest limited conviction despite the higher target. Canaccord rating information Craig Hallum rating article
• Negative Sentiment: Multiple insider sales: On November 5, EVP Michael Manning Collier, CFO Scott Alexander Roberts, Director Deborah Tate and EVP Kevin O’Hara sold a combined 38,081 shares. Each reduced their individual holdings, a cluster of transactions that may weigh on sentiment, though insider sales alone do not establish a change in the company’s outlook. Collier SEC filing Roberts SEC filing Tate SEC filing O’Hara SEC filing

Institutional Investors Weigh In On HealthStream

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of HealthStream during the second quarter valued at approximately $111,184,000. Dimensional Fund Advisors LP raised its holdings in HealthStream by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,456,043 shares of the technology company’s stock worth $30,156,000 after acquiring an additional 87,177 shares during the last quarter. Copeland Capital Management LLC lifted its position in HealthStream by 43.8% in the 1st quarter. Copeland Capital Management LLC now owns 1,276,739 shares of the technology company’s stock valued at $26,441,000 after acquiring an additional 389,186 shares in the last quarter. Renaissance Technologies LLC lifted its position in HealthStream by 0.5% in the 1st quarter. Renaissance Technologies LLC now owns 477,848 shares of the technology company’s stock valued at $9,896,000 after acquiring an additional 2,380 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in HealthStream by 21.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 377,945 shares of the technology company’s stock valued at $7,827,000 after purchasing an additional 65,806 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on HSTM shares. Freedom Capital upgraded shares of HealthStream to a “hold” rating in a report on Tuesday, October 13th. Craig Hallum cut shares of HealthStream from a “buy” rating to a “hold” rating and set a $40.00 price target on the stock. in a research report on Tuesday. Weiss Ratings upgraded shares of HealthStream from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Citigroup reissued a “market perform” rating on shares of HealthStream in a research note on Tuesday, October 27th. Finally, Canaccord Genuity Group raised their price objective on shares of HealthStream from $29.00 to $32.00 and gave the stock a “hold” rating in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $36.00.

HealthStream Company Profile

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.