HMS Holdings Corp. (NASDAQ:HMSY) Director Robert Becker bought 5,000 shares of the company’s stock in a transaction on Wednesday, September 14th. The shares were purchased at an average cost of $21.96 per share, for a total transaction of $109,800.00. Following the transaction, the director now owns 11,701 shares in the company, valued at $256,953.96. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of HMS Holdings Corp. (NASDAQ:HMSY) opened at 21.99 on Monday. The company has a 50 day moving average of $21.70 and a 200-day moving average of $17.42. HMS Holdings Corp. has a 12-month low of $8.56 and a 12-month high of $24.00. The company has a market cap of $1.86 billion, a PE ratio of 66.44 and a beta of 0.82.

HMS Holdings Corp. (NASDAQ:HMSY) last announced its quarterly earnings data on Friday, August 5th. The company reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.03. The business had revenue of $123.60 million for the quarter, compared to analysts’ expectations of $116.85 million. HMS Holdings Corp. had a net margin of 5.86% and a return on equity of 8.83%. The business’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.13 earnings per share. Equities research analysts anticipate that HMS Holdings Corp. will post $0.69 earnings per share for the current year.

Several equities analysts have commented on HMSY shares. Wells Fargo & Co. reissued a “buy” rating on shares of HMS Holdings Corp. in a research report on Tuesday, May 31st. Credit Suisse Group AG started coverage on shares of HMS Holdings Corp. in a research report on Wednesday, June 1st. They set an “outperform” rating and a $19.00 target price on the stock. Zacks Investment Research cut shares of HMS Holdings Corp. from a “buy” rating to a “sell” rating in a research report on Thursday, May 26th. Jefferies Group reissued a “neutral” rating on shares of HMS Holdings Corp. in a research report on Thursday, September 8th. Finally, TheStreet raised shares of HMS Holdings Corp. from a “hold” rating to a “buy” rating in a research report on Friday, August 5th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. HMS Holdings Corp. currently has a consensus rating of “Buy” and an average price target of $21.20.

A number of large investors have recently made changes to their positions in the company. RS Investment Management Co. LLC boosted its stake in shares of HMS Holdings Corp. by 24.8% in the second quarter. RS Investment Management Co. LLC now owns 7,591,994 shares of the company’s stock worth $133,695,000 after buying an additional 1,510,011 shares during the period. Norges Bank acquired a new stake in shares of HMS Holdings Corp. during the fourth quarter worth $12,545,000. Yost Capital Management L.L.C. acquired a new stake in shares of HMS Holdings Corp. during the second quarter worth $16,793,000. Hood River Capital Management LLC acquired a new stake in shares of HMS Holdings Corp. during the second quarter worth $10,627,000. Finally, Panagora Asset Management Inc. boosted its stake in shares of HMS Holdings Corp. by 378.9% in the second quarter. Panagora Asset Management Inc. now owns 664,945 shares of the company’s stock worth $11,710,000 after buying an additional 526,110 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

About HMS Holdings Corp.

HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. It provides coordination of benefits services to government, and private healthcare payers and sponsors. Its payment integrity services ensure that healthcare claims billed are accurate and appropriate.

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