HealthStream, Inc. (NASDAQ:HSTM) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. cut its stake in HealthStream, Inc. (NASDAQ:HSTM) by 3.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,539 shares of the technology company’s stock after selling 713 shares during the period. Vontobel Holding Ltd. owned 0.06% of HealthStream worth $506,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of HealthStream by 1.1% in the first quarter. Vanguard Group Inc. now owns 2,938,685 shares of the technology company’s stock worth $78,345,000 after buying an additional 31,943 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in HealthStream by 1.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,570,735 shares of the technology company’s stock worth $43,824,000 after acquiring an additional 15,379 shares during the last quarter. First Eagle Investment Management LLC lifted its position in HealthStream by 7.1% during the 2nd quarter. First Eagle Investment Management LLC now owns 530,178 shares of the technology company’s stock worth $14,792,000 after acquiring an additional 35,350 shares during the period. Hillsdale Investment Management Inc. grew its stake in HealthStream by 8.7% during the 1st quarter. Hillsdale Investment Management Inc. now owns 188,881 shares of the technology company’s stock valued at $5,036,000 after purchasing an additional 15,150 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in shares of HealthStream by 3.8% in the second quarter. Sei Investments Co. now owns 178,019 shares of the technology company’s stock valued at $4,967,000 after purchasing an additional 6,592 shares during the period. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at HealthStream

In related news, Director Tate Deborah Taylor sold 1,400 shares of HealthStream stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.53, for a total value of $39,942.00. Following the completion of the transaction, the director now owns 22,326 shares in the company, valued at $636,960.78. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Tate Deborah Taylor sold 1,400 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $28.53, for a total transaction of $39,942.00. Following the transaction, the director now owns 22,326 shares in the company, valued at $636,960.78. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Kevin P. O’hara sold 3,000 shares of the business’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $28.03, for a total transaction of $84,090.00. Following the completion of the sale, the senior vice president now directly owns 9,527 shares of the company’s stock, valued at approximately $267,041.81. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 20.60% of the company’s stock.

HealthStream Price Performance

Shares of NASDAQ HSTM opened at $28.45 on Tuesday. The stock has a market capitalization of $864.82 million, a price-to-earnings ratio of 49.05, a PEG ratio of 4.25 and a beta of 0.36. The firm’s 50 day simple moving average is $28.63 and its 200-day simple moving average is $27.84. HealthStream, Inc. has a 12 month low of $21.92 and a 12 month high of $31.15.

HealthStream (NASDAQ:HSTM) last released its quarterly earnings results on Monday, July 22nd. The technology company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. HealthStream had a net margin of 6.26% and a return on equity of 5.19%. The company had revenue of $71.56 million for the quarter, compared to analyst estimates of $72.85 million. During the same quarter last year, the business earned $0.13 earnings per share. The firm’s revenue was up 3.4% on a year-over-year basis. Analysts anticipate that HealthStream, Inc. will post 0.56 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on HSTM. StockNews.com downgraded shares of HealthStream from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 24th. Craig Hallum upgraded shares of HealthStream to a “strong-buy” rating in a research report on Thursday, October 17th. Finally, Canaccord Genuity Group upped their price target on shares of HealthStream from $27.00 to $28.00 and gave the company a “hold” rating in a report on Wednesday, July 24th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, HealthStream presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.00.

About HealthStream

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.