HealthEquity, Inc. $HQY Stock Position Lowered by New York State Common Retirement Fund

New York State Common Retirement Fund decreased its position in HealthEquity, Inc. (NASDAQ:HQY) by 9.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 177,093 shares of the company’s stock after selling 17,948 shares during the period. New York State Common Retirement Fund owned about 0.21% of HealthEquity worth $16,783,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC grew its holdings in shares of HealthEquity by 2.9% during the second quarter. Nisa Investment Advisors LLC now owns 3,787 shares of the company’s stock valued at $397,000 after buying an additional 108 shares in the last quarter. Advisors Asset Management Inc. boosted its position in HealthEquity by 4.7% during the 2nd quarter. Advisors Asset Management Inc. now owns 2,437 shares of the company’s stock worth $255,000 after acquiring an additional 110 shares during the period. Coldstream Capital Management Inc. grew its stake in HealthEquity by 7.3% during the 2nd quarter. Coldstream Capital Management Inc. now owns 2,027 shares of the company’s stock valued at $212,000 after acquiring an additional 138 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of HealthEquity by 59.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 392 shares of the company’s stock valued at $37,000 after purchasing an additional 146 shares during the period. Finally, Elevation Point Wealth Partners LLC lifted its position in shares of HealthEquity by 4.5% in the second quarter. Elevation Point Wealth Partners LLC now owns 3,562 shares of the company’s stock worth $373,000 after purchasing an additional 152 shares in the last quarter. 99.55% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Elimelech Rosner sold 10,959 shares of HealthEquity stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $95.45, for a total value of $1,046,036.55. Following the transaction, the executive vice president owned 45,742 shares in the company, valued at $4,366,073.90. This trade represents a 19.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Delano Ladd sold 1,500 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $94.72, for a total transaction of $142,080.00. Following the sale, the executive vice president owned 73,979 shares of the company’s stock, valued at $7,007,290.88. This trade represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 13,959 shares of company stock worth $1,344,957 over the last quarter. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

HQY has been the topic of a number of research analyst reports. Citizens Jmp boosted their price objective on shares of HealthEquity from $117.00 to $122.00 and gave the company a “market outperform” rating in a research report on Thursday, December 4th. Citigroup restated an “outperform” rating on shares of HealthEquity in a report on Thursday, December 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HealthEquity in a report on Thursday, January 22nd. Wall Street Zen upgraded HealthEquity from a “hold” rating to a “buy” rating in a research note on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $120.00 price target on shares of HealthEquity in a research note on Friday, December 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $119.60.

HealthEquity Price Performance

NASDAQ HQY opened at $85.67 on Monday. HealthEquity, Inc. has a fifty-two week low of $74.07 and a fifty-two week high of $116.65. The stock’s 50-day moving average is $92.85 and its two-hundred day moving average is $93.49. The company has a debt-to-equity ratio of 0.46, a current ratio of 4.13 and a quick ratio of 4.13. The firm has a market cap of $7.32 billion, a P/E ratio of 39.30, a price-to-earnings-growth ratio of 1.24 and a beta of 0.24.

HealthEquity (NASDAQ:HQY) last released its quarterly earnings results on Wednesday, December 3rd. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.11. HealthEquity had a return on equity of 12.94% and a net margin of 14.86%.The company had revenue of $322.16 million during the quarter, compared to the consensus estimate of $320.92 million. During the same quarter in the prior year, the company posted $0.78 EPS. The firm’s revenue was up 7.2% on a year-over-year basis. HealthEquity has set its FY 2026 guidance at 3.870-3.950 EPS. On average, analysts anticipate that HealthEquity, Inc. will post 2.32 earnings per share for the current fiscal year.

HealthEquity Company Profile

HealthEquity, Inc (NASDAQ: HQY) is a leading administrator of consumer-directed health accounts and related benefit solutions in the United States. Founded in 2002 and headquartered in Draper, Utah, the company specializes in health savings accounts (HSAs) and offers complementary services such as flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), COBRA administration and commuter benefits. Through its technology-driven platform, HealthEquity enables employers, health plans and individuals to streamline account management, improve cost transparency and encourage more informed healthcare spending.

Serving millions of members across all 50 states, HealthEquity leverages an open-architecture ecosystem that integrates with health plans, payroll providers and financial institutions.