HealthStream, Inc. $HSTM Stake Lifted by Annex Advisory Services LLC

Annex Advisory Services LLC increased its stake in shares of HealthStream, Inc. (NASDAQ:HSTM) by 4.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,819 shares of the technology company’s stock after buying an additional 1,979 shares during the quarter. Annex Advisory Services LLC owned about 0.15% of HealthStream worth $1,295,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position 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 acquiring an additional 490 shares during the period. SG Americas Securities LLC boosted its position in HealthStream by 9.3% during the 1st quarter. SG Americas Securities LLC now owns 18,648 shares of the technology company’s stock worth $600,000 after acquiring an additional 1,584 shares during the period. Principal Financial Group Inc. boosted its position in HealthStream by 2.5% during the 1st quarter. Principal Financial Group Inc. now owns 129,830 shares of the technology company’s stock worth $4,178,000 after acquiring an additional 3,157 shares during the period. Nuveen LLC acquired a new position in HealthStream during the 1st quarter worth $2,380,000. Finally, Harbor Capital Advisors Inc. boosted its position in HealthStream by 2.4% during the 1st quarter. Harbor Capital Advisors Inc. now owns 424,790 shares of the technology company’s stock worth $13,670,000 after acquiring an additional 10,003 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

HealthStream Stock Performance

HSTM opened at $29.00 on Monday. The company has a market cap of $859.56 million, a PE ratio of 43.28, a price-to-earnings-growth ratio of 3.63 and a beta of 0.47. The stock has a 50-day moving average of $27.30 and a 200-day moving average of $28.91. HealthStream, Inc. has a 52-week low of $25.36 and a 52-week high of $34.24.

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

HealthStream Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders 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 dividend on an annualized basis and a dividend yield of 0.4%. HealthStream’s dividend payout ratio (DPR) is currently 17.91%.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reduced their price target on HealthStream from $29.00 to $28.00 and set a “hold” rating for the company in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $31.00.

Insider Activity at HealthStream

In other HealthStream news, EVP Kevin P. O’hara sold 2,000 shares of the firm’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 value of $55,940.00. Following the completion of the sale, the executive vice president owned 17,137 shares in the company, valued at approximately $479,321.89. This trade represents a 10.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 20.60% of the company’s stock.

HealthStream 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.