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

Shares of HealthStream, Inc. (NASDAQ:HSTM) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $22.41 and traded as high as $26.19. HealthStream shares last traded at $26.00, with a volume of 193,690 shares trading hands.

Analyst Upgrades and Downgrades

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

HealthStream Stock Up 1.4%

The company has a market capitalization of $759.72 million, a price-to-earnings ratio of 38.81, a P/E/G ratio of 2.91 and a beta of 0.47. The company has a 50-day moving average price of $22.59 and a 200-day moving average price of $22.41.

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

HealthStream Dividend Announcement

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

HealthStream announced that its Board of Directors has initiated a stock repurchase program on Friday, March 13th that authorizes the company to repurchase $10.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 1.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling at HealthStream

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

Institutional Investors Weigh In On HealthStream

A number of institutional investors have recently added to or reduced their stakes in HSTM. Danske Bank A S grew 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 in the last quarter. Essential Partners LLC acquired a new stake in HealthStream during the first quarter worth about $25,000. Hantz Financial Services Inc. grew its position in HealthStream by 2,035.5% during the fourth quarter. Hantz Financial Services Inc. now owns 1,324 shares of the technology company’s stock worth $31,000 after buying an additional 1,262 shares in the last quarter. Aquatic Capital Management LLC acquired a new stake in HealthStream during the third quarter worth about $40,000. Finally, Tower Research Capital LLC TRC grew its position in HealthStream by 241.4% during the second quarter. Tower Research Capital LLC TRC now owns 2,407 shares of the technology company’s stock worth $67,000 after buying an additional 1,702 shares in the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

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.