HealthStream (NASDAQ:HSTM) Stock: Insider Scott Alexander Roberts Sells 9,500 Shares

HealthStream, Inc. (NASDAQ:HSTM) CFO Scott Alexander Roberts sold 9,500 shares of HealthStream stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $32.26, for a total value of $306,470.00. Following the transaction, the chief financial officer owned 29,160 shares in the company, valued at approximately $940,701.60. This represents a 24.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

HealthStream Trading Down 2.4%

NASDAQ:HSTM opened at $28.89 on Friday. HealthStream, Inc. has a 1 year low of $19.50 and a 1 year high of $35.60. The stock has a 50-day moving average price of $31.20 and a two-hundred day moving average price of $25.83. The stock has a market cap of $844.17 million, a price-to-earnings ratio of 41.27, a PEG ratio of 3.01 and a beta of 0.45.

HealthStream (NASDAQ:HSTM) last released its quarterly earnings results on Monday, November 2nd. The technology company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. The company had revenue of $83.31 million for the quarter, compared to analyst estimates of $82.24 million. HealthStream had a return on equity of 6.37% and a net margin of 6.25%. Sell-side analysts forecast that HealthStream, Inc. will post 0.80 earnings per share for the current year.

HealthStream Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Monday, November 16th will be given a $0.0350 dividend. The ex-dividend date is Monday, November 16th. This represents a $0.14 annualized dividend and a dividend yield of 0.5%. HealthStream’s payout ratio is currently 20.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of HSTM. Integrated Wealth Concepts LLC bought a new position in shares of HealthStream during the second quarter worth about $27,000. MassMutual Private Wealth & Trust FSB lifted its stake in HealthStream by 76.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,025 shares of the technology company’s stock valued at $28,000 after acquiring an additional 444 shares in the last quarter. Global Retirement Partners LLC bought a new stake in HealthStream in the 2nd quarter valued at approximately $31,000. Essential Partners LLC bought a new stake in HealthStream in the 1st quarter valued at approximately $25,000. Finally, Signaturefd LLC boosted its position in HealthStream by 107.9% during the 3rd quarter. Signaturefd LLC now owns 3,194 shares of the technology company’s stock worth $95,000 after acquiring an additional 1,658 shares during the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

More HealthStream News

Here are the key news stories impacting HealthStream this week:

• Positive Sentiment: Buy rating upgrade: Zacks upgraded HSTM to Rank #2 (Buy), citing improving earnings prospects, which could support investor optimism. Zacks article
• Positive Sentiment: Raised guidance: HealthStream lifted its outlook, a potentially positive sign for expected business performance, although the article raises the question of whether prior gains already reflect the news. Yahoo Finance article
• Neutral Sentiment: Analyst views remain cautious: Canaccord Genuity raised its price target to $32 from $29 but maintained a Hold rating; Craig Hallum also moved its rating to Hold. These calls suggest limited conviction despite the higher target. Canaccord rating information Craig Hallum rating article
• Negative Sentiment: Multiple insider sales: On November 5, EVP Michael Manning Collier, CFO Scott Alexander Roberts, Director Deborah Tate and EVP Kevin O’Hara sold a combined 38,081 shares. Each reduced their individual holdings, a cluster of transactions that may weigh on sentiment, though insider sales alone do not establish a change in the company’s outlook. Collier SEC filing Roberts SEC filing Tate SEC filing O’Hara SEC filing

Wall Street Analysts Forecast Growth

Several analysts have commented on HSTM shares. Citigroup restated a “market perform” rating on shares of HealthStream in a report on Tuesday, October 27th. Wall Street Zen cut shares of HealthStream from a “buy” rating to a “hold” rating in a report on Sunday. Craig Hallum downgraded shares of HealthStream from a “buy” rating to a “hold” rating and set a $40.00 price objective for the company. in a research report on Tuesday, November 3rd. Weiss Ratings upgraded shares of HealthStream from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Finally, Freedom Capital raised shares of HealthStream to a “hold” rating in a research report on Tuesday, October 13th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $36.00.

About HealthStream

HealthStream, Inc provides workforce and provider solutions designed for healthcare organizations. Its software and services help hospitals, health systems, medical practices and other healthcare providers manage employee education, training, credentialing, compliance and professional development.

The company’s offerings include learning management and education tools, competency and performance-management solutions, and systems for managing provider credentials, privileging and enrollment.