Stephens Investment Management Group LLC Increases Stock Holdings in HealthStream, Inc. $HSTM

Stephens Investment Management Group LLC raised its position in HealthStream, Inc. (NASDAQ:HSTM) by 0.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 319,301 shares of the technology company’s stock after purchasing an additional 960 shares during the period. Stephens Investment Management Group LLC owned 1.05% of HealthStream worth $8,835,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HSTM. First Horizon Advisors Inc. boosted its stake in HealthStream by 99.6% during the 1st quarter. First Horizon Advisors Inc. now owns 1,056 shares of the technology company’s stock worth $34,000 after purchasing an additional 527 shares during the last quarter. GAMMA Investing LLC boosted its stake in HealthStream by 30.8% during the 1st quarter. GAMMA Investing LLC now owns 2,082 shares of the technology company’s stock worth $67,000 after purchasing an additional 490 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in HealthStream by 62.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,625 shares of the technology company’s stock worth $84,000 after purchasing an additional 1,010 shares during the last quarter. Virtus Advisers LLC acquired a new stake in HealthStream during the 1st quarter worth $161,000. Finally, Public Employees Retirement System of Ohio boosted its stake in HealthStream by 342.2% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,407 shares of the technology company’s stock worth $177,000 after purchasing an additional 4,958 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of HealthStream in a report on Wednesday, October 8th. Canaccord Genuity Group reduced their price target on HealthStream from $29.00 to $28.00 and set a “hold” rating on the stock in a report on Thursday, August 7th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $28.00.

HealthStream Price Performance

HealthStream stock opened at $26.83 on Thursday. The business has a 50 day simple moving average of $27.71 and a 200-day simple moving average of $28.25. The stock has a market capitalization of $795.24 million, a PE ratio of 40.05, a price-to-earnings-growth ratio of 3.34 and a beta of 0.47. HealthStream, Inc. has a 12 month low of $25.00 and a 12 month high of $34.24.

HealthStream (NASDAQ:HSTM) last posted its quarterly earnings data on Monday, August 4th. The technology company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.02. HealthStream had a return on equity of 5.70% and a net margin of 6.89%.The business had revenue of $74.40 million for the quarter, compared to analyst estimates of $74.39 million. HealthStream has set its FY 2025 guidance at EPS. As a group, equities research analysts anticipate that HealthStream, Inc. will post 0.63 EPS for the current year.

HealthStream Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Monday, August 18th were given a $0.031 dividend. The ex-dividend date was Monday, August 18th. This represents a $0.12 annualized dividend and a dividend yield of 0.5%. HealthStream’s dividend payout ratio (DPR) is presently 17.91%.

Insider Transactions at HealthStream

In related news, EVP Kevin P. O’hara sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $27.97, for a total transaction of $55,940.00. Following the completion of the transaction, the executive vice president owned 17,137 shares in the company, valued at $479,321.89. The trade was a 10.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 20.50% of the stock is owned by corporate insiders.

HealthStream Company Profile

HealthStream, Inc provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States. The company’s solutions help healthcare organizations in meeting their ongoing clinical development, talent management, training, education, assessment, competency management, safety and compliance, and scheduling, as well as provider credentialing, privileging, and enrollment needs.