Kevin O’hara Sells 3,000 Shares of HealthStream (NASDAQ:HSTM) Stock

by · The Cerbat Gem

HealthStream, Inc. (NASDAQ:HSTM – Get Free Report) EVP Kevin O’hara sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $24.08, for a total transaction of $72,240.00. Following the sale, the executive vice president owned 20,982 shares of the company’s stock, valued at $505,246.56. The trade was a 12.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

HealthStream Stock Down 2.1%

NASDAQ:HSTM traded down $0.51 during trading hours on Wednesday, reaching $23.92. 331,041 shares of the company’s stock were exchanged, compared to its average volume of 311,473. The company has a market capitalization of $698.94 million, a P/E ratio of 35.70, a price-to-earnings-growth ratio of 2.69 and a beta of 0.41. HealthStream, Inc. has a 12 month low of $19.50 and a 12 month high of $29.63. The business’s 50-day simple moving average is $21.45 and its two-hundred day simple moving average is $22.42.

HealthStream (NASDAQ:HSTM – Get Free Report) last issued its earnings results on Monday, May 4th. The technology company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The firm had revenue of $81.20 million during the quarter, compared to analysts’ expectations of $79.68 million. HealthStream had a net margin of 6.39% and a return on equity of 6.47%. As a group, sell-side analysts anticipate that HealthStream, Inc. will post 0.74 earnings per share for the current fiscal year.

HealthStream declared that its board has approved a share repurchase program on Friday, March 13th that permits the company to repurchase $10.00 million in shares. This repurchase authorization permits the technology company to reacquire up to 1.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.

HealthStream Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Monday, May 18th will be paid a $0.035 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $0.14 dividend on an annualized basis and a yield of 0.6%. HealthStream’s dividend payout ratio (DPR) is currently 20.90%.

Analyst Ratings Changes

HSTM has been the subject of a number of recent analyst reports. Weiss Ratings raised shares of HealthStream from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Canaccord Genuity Group raised their price objective on shares of HealthStream to $24.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen raised shares of HealthStream from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $24.00.

View Our Latest Stock Report on HSTM

Institutional Investors Weigh In On HealthStream

Institutional investors have recently modified their holdings of the stock. Danske Bank A S boosted its stake in shares of HealthStream by 175.0% during the 4th quarter. Danske Bank A S now owns 1,100 shares of the technology company’s stock valued at $25,000 after buying an additional 700 shares during the period. Hantz Financial Services Inc. boosted its stake in shares of HealthStream by 2,035.5% during the 4th quarter. Hantz Financial Services Inc. now owns 1,324 shares of the technology company’s stock valued at $31,000 after buying an additional 1,262 shares during the period. Aquatic Capital Management LLC acquired a new stake in shares of HealthStream during the 3rd quarter valued at $40,000. Tower Research Capital LLC TRC boosted its stake in shares of HealthStream by 241.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,407 shares of the technology company’s stock valued at $67,000 after buying an additional 1,702 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of HealthStream by 131.4% during the 4th quarter. GAMMA Investing LLC now owns 3,649 shares of the technology company’s stock valued at $84,000 after buying an additional 2,072 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

HealthStream Company Profile

(Get Free Report)

HealthStream, Inc is a Nashville, Tennessee–based provider of workforce development and learning management solutions for healthcare organizations. Since its founding in 1990, the company has focused on helping hospitals, clinics and other care providers streamline staff training, ensure regulatory compliance and monitor employee performance. HealthStream’s platform integrates online courses, skill competency assessments and credential management tools to support workforce readiness across the healthcare continuum.

The company’s core offerings include a learning management system (LMS) designed specifically for clinical and nonclinical personnel, a competency management suite that tracks skill acquisition and validation, and a content library featuring evidence-based clinical and compliance training modules.

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