HealthStream (NASDAQ:HSTM) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of HealthStream, Inc. (NASDAQ:HSTM) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $22.45 and traded as high as $26.76. HealthStream shares last traded at $26.00, with a volume of 242,723 shares changing hands.

Analyst Ratings Changes

Several research analysts have recently weighed in on HSTM shares. Weiss Ratings raised shares of HealthStream from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, June 3rd. Wall Street Zen raised shares of HealthStream from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Canaccord Genuity Group lifted their price objective on shares of HealthStream to $24.00 and gave the stock a “hold” rating in a research report on Wednesday, May 6th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $24.00.

HealthStream Trading Up 0.9%

The firm has a market capitalization of $759.72 million, a PE ratio of 38.81, a PEG ratio of 2.92 and a beta of 0.47. The firm’s fifty day moving average price is $23.25 and its 200 day moving average price is $22.45.

HealthStream (NASDAQ:HSTM) last announced its quarterly earnings data on Monday, May 4th. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.04. The business had revenue of $81.20 million during the quarter, compared to analyst estimates of $79.68 million. HealthStream had a return on equity of 6.47% and a net margin of 6.39%. As a group, research analysts expect that HealthStream, Inc. will post 0.74 EPS for the current year.

HealthStream Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were paid a dividend of $0.035 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.5%. HealthStream’s dividend payout ratio (DPR) is 20.90%.

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

Insider Activity at HealthStream

In related news, Director Linda Rebrovick sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $25.00, for a total value of $50,000.00. Following the completion of the sale, the director owned 54,181 shares of the company’s stock, valued at approximately $1,354,525. The trade was a 3.56% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kevin P. O’hara sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $24.08, for a total value of $72,240.00. Following the completion of the transaction, the executive vice president owned 20,982 shares in the company, valued at $505,246.56. This represents a 12.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 20.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company raised its holdings in shares of HealthStream by 6.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,354 shares of the technology company’s stock valued at $259,000 after purchasing an additional 586 shares in the last quarter. Danske Bank A S increased its position in HealthStream by 175.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the technology company’s stock worth $25,000 after buying an additional 700 shares during the last quarter. Snowden Capital Advisors LLC increased its position in HealthStream by 8.7% during the second quarter. Snowden Capital Advisors LLC now owns 10,196 shares of the technology company’s stock worth $282,000 after buying an additional 816 shares during the last quarter. Jane Street Group LLC raised its holdings in HealthStream by 1.9% during the second quarter. Jane Street Group LLC now owns 48,533 shares of the technology company’s stock valued at $1,343,000 after buying an additional 922 shares in the last quarter. Finally, Essential Partners LLC acquired a new stake in shares of HealthStream in the first quarter worth about $25,000. Institutional investors and hedge funds own 69.58% of the company’s stock.

About HealthStream

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.