Insider Selling: HealthStream Director Unloads 1,100 Shares of Stock (HSTM)
HealthStream (NASDAQ:HSTM) Director C Martin Harris sold 1,100 shares of the stock on the open market in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $24.22, for a total value of $26,642.00. Following the completion of the transaction, the director now directly owns 1,559 shares of the company’s stock, valued at approximately $37,759. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of HealthStream (NASDAQ:HSTM) traded up 2.22% on Monday, hitting $25.045. 29,141 shares of the company’s stock traded hands. HealthStream has a one year low of $20.76 and a one year high of $39.77. The stock’s 50-day moving average is $24.7 and its 200-day moving average is $29.79. The company has a market cap of $690.3 million and a price-to-earnings ratio of 81.67.
HealthStream (NASDAQ:HSTM) last posted its quarterly earnings results on Monday, April 21st. The company reported $0.07 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.08 by $0.01. The company had revenue of $38.50 million for the quarter, compared to the consensus estimate of $38.50 million. During the same quarter last year, the company posted $0.07 earnings per share. HealthStream’s revenue was up 30.1% compared to the same quarter last year. On average, analysts predict that HealthStream will post $0.32 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on HSTM shares. Analysts at Northland Capital Partners downgraded shares of HealthStream from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 2nd. They now have a $30.00 price target on the stock, down previously from $43.00. Separately, analysts at Northland Securities downgraded shares of HealthStream from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 2nd. They now have a $30.00 price target on the stock, down previously from $43.00. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $32.50.
HealthStream, Inc (NASDAQ:HSTM) provides Internet-based learning and research solutions for healthcare organizations.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.