HealthStream, Inc. (NASDAQ:HSTM) Shares Bought by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC grew its holdings in shares of HealthStream, Inc. (NASDAQ:HSTM) by 33.1% in the 2nd quarter, Holdings Channel reports. The fund owned 54,419 shares of the technology company’s stock after acquiring an additional 13,536 shares during the period. Cubist Systematic Strategies LLC’s holdings in HealthStream were worth $1,518,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Parallel Advisors LLC lifted its position in shares of HealthStream by 79.4% during the fourth quarter. Parallel Advisors LLC now owns 1,132 shares of the technology company’s stock worth $31,000 after purchasing an additional 501 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of HealthStream by 172.1% during the second quarter. GAMMA Investing LLC now owns 996 shares of the technology company’s stock worth $28,000 after purchasing an additional 630 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of HealthStream by 6.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 16,178 shares of the technology company’s stock worth $432,000 after purchasing an additional 918 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of HealthStream by 1.5% during the first quarter. State Board of Administration of Florida Retirement System now owns 78,749 shares of the technology company’s stock worth $2,134,000 after purchasing an additional 1,131 shares during the last quarter. Finally, Ellsworth Advisors LLC lifted its position in shares of HealthStream by 6.8% during the second quarter. Ellsworth Advisors LLC now owns 19,063 shares of the technology company’s stock worth $532,000 after purchasing an additional 1,212 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at HealthStream

In other HealthStream news, SVP Kevin P. O’hara sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $28.03, for a total value of $84,090.00. Following the sale, the senior vice president now owns 9,527 shares in the company, valued at $267,041.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other HealthStream news, SVP Kevin P. O’hara sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $28.03, for a total value of $84,090.00. Following the sale, the senior vice president now owns 9,527 shares in the company, valued at $267,041.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Tate Deborah Taylor sold 1,400 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $28.53, for a total transaction of $39,942.00. Following the completion of the sale, the director now owns 22,326 shares in the company, valued at approximately $636,960.78. The disclosure for this sale can be found here. 20.60% of the stock is owned by company insiders.

HealthStream Stock Up 1.4 %

Shares of NASDAQ HSTM opened at $29.25 on Wednesday. The firm’s 50-day moving average price is $28.61 and its two-hundred day moving average price is $27.56. HealthStream, Inc. has a 52-week low of $21.49 and a 52-week high of $31.15. The stock has a market capitalization of $889.14 million, a P/E ratio of 50.43, a P/E/G ratio of 4.25 and a beta of 0.36.

HealthStream (NASDAQ:HSTM) last issued its earnings results on Monday, July 22nd. The technology company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. HealthStream had a net margin of 6.26% and a return on equity of 5.19%. The firm had revenue of $71.56 million for the quarter, compared to analysts’ expectations of $72.85 million. During the same quarter last year, the company posted $0.13 earnings per share. HealthStream’s revenue was up 3.4% on a year-over-year basis. As a group, equities research analysts expect that HealthStream, Inc. will post 0.56 earnings per share for the current year.

HealthStream Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Monday, August 5th were paid a $0.028 dividend. The ex-dividend date was Monday, August 5th. This represents a $0.11 annualized dividend and a dividend yield of 0.38%. HealthStream’s payout ratio is currently 18.97%.

Analyst Ratings Changes

HSTM has been the topic of several research analyst reports. Canaccord Genuity Group increased their price target on shares of HealthStream from $27.00 to $28.00 and gave the stock a “hold” rating in a research report on Wednesday, July 24th. StockNews.com cut shares of HealthStream from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 24th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $30.00.

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.