Pacer Advisors Inc. Purchases Shares of 11,490 HealthEquity, Inc. $HQY

Pacer Advisors Inc. purchased a new position in HealthEquity, Inc. (NASDAQ:HQY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,490 shares of the company’s stock, valued at approximately $1,089,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HQY. Nisa Investment Advisors LLC boosted its holdings in HealthEquity by 2.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 3,787 shares of the company’s stock worth $397,000 after buying an additional 108 shares during the period. Advisors Asset Management Inc. raised its holdings in HealthEquity by 4.7% during the second quarter. Advisors Asset Management Inc. now owns 2,437 shares of the company’s stock valued at $255,000 after acquiring an additional 110 shares during the period. Ieq Capital LLC lifted its position in shares of HealthEquity by 4.4% in the first quarter. Ieq Capital LLC now owns 2,945 shares of the company’s stock valued at $260,000 after acquiring an additional 123 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in shares of HealthEquity by 7.3% in the second quarter. Coldstream Capital Management Inc. now owns 2,027 shares of the company’s stock valued at $212,000 after acquiring an additional 138 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of HealthEquity by 59.3% in the third quarter. Farther Finance Advisors LLC now owns 392 shares of the company’s stock worth $37,000 after acquiring an additional 146 shares during the period. 99.55% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. JPMorgan Chase & Co. boosted their price target on HealthEquity from $126.00 to $129.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $120.00 target price on shares of HealthEquity in a report on Friday, December 5th. Citizens Jmp raised their target price on shares of HealthEquity from $117.00 to $122.00 and gave the company a “market outperform” rating in a research note on Thursday, December 4th. Wall Street Zen downgraded shares of HealthEquity from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Finally, Citigroup reissued an “outperform” rating on shares of HealthEquity in a report on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.27.

HealthEquity Price Performance

HQY stock opened at $91.61 on Friday. HealthEquity, Inc. has a 52 week low of $74.07 and a 52 week high of $116.65. The firm has a market capitalization of $7.83 billion, a P/E ratio of 42.02, a price-to-earnings-growth ratio of 1.32 and a beta of 0.20. The company has a fifty day simple moving average of $97.03 and a two-hundred day simple moving average of $95.52. The company has a quick ratio of 4.13, a current ratio of 4.13 and a debt-to-equity ratio of 0.46.

HealthEquity (NASDAQ:HQY) last announced its earnings results on Wednesday, December 3rd. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.11. The firm had revenue of $322.16 million for the quarter, compared to analysts’ expectations of $320.92 million. HealthEquity had a net margin of 14.86% and a return on equity of 12.94%. The business’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.78 EPS. HealthEquity has set its FY 2026 guidance at 3.870-3.950 EPS. Analysts anticipate that HealthEquity, Inc. will post 2.32 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Delano Ladd sold 1,500 shares of HealthEquity stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $94.72, for a total value of $142,080.00. Following the completion of the transaction, the executive vice president owned 73,979 shares in the company, valued at approximately $7,007,290.88. The trade was a 1.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael Henry Fiore sold 1,781 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $88.21, for a total value of $157,102.01. Following the transaction, the executive vice president directly owned 49,795 shares in the company, valued at approximately $4,392,416.95. This represents a 3.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 17,240 shares of company stock valued at $1,640,164 in the last ninety days. Insiders own 1.50% of the company’s stock.

HealthEquity Company Profile

HealthEquity, Inc (NASDAQ: HQY) is a leading administrator of consumer-directed health accounts and related benefit solutions in the United States. Founded in 2002 and headquartered in Draper, Utah, the company specializes in health savings accounts (HSAs) and offers complementary services such as flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), COBRA administration and commuter benefits. Through its technology-driven platform, HealthEquity enables employers, health plans and individuals to streamline account management, improve cost transparency and encourage more informed healthcare spending.

Serving millions of members across all 50 states, HealthEquity leverages an open-architecture ecosystem that integrates with health plans, payroll providers and financial institutions.