HealthStream (NASDAQ:HSTM) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

HealthStream (NASDAQ:HSTM) posted its earnings results on Monday. The technology company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.06, FiscalAI reports. HealthStream had a return on equity of 6.47% and a net margin of 6.39%.The firm had revenue of $83.73 million during the quarter, compared to the consensus estimate of $80.83 million.

HealthStream Stock Performance

HSTM stock traded up $0.29 during midday trading on Monday, reaching $28.33. 150,629 shares of the company traded hands, compared to its average volume of 274,194. The firm has a market capitalization of $827.80 million, a price-to-earnings ratio of 42.28, a P/E/G ratio of 3.18 and a beta of 0.44. HealthStream has a 52-week low of $19.50 and a 52-week high of $30.00. The business has a 50 day moving average of $26.80 and a 200-day moving average of $23.31.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on HSTM. Canaccord Genuity Group boosted their price target on shares of HealthStream from $24.00 to $27.00 and gave the stock a “hold” rating in a research report on Tuesday, July 21st. Weiss Ratings upgraded shares of HealthStream from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. Finally, Wall Street Zen raised shares of HealthStream from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $27.00.

Insider Buying and Selling

In related news, Director Linda Rebrovick sold 6,000 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $29.00, for a total value of $174,000.00. Following the completion of the sale, the director directly owned 51,329 shares in the company, valued at $1,488,541. This trade represents a 10.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kevin P. O’hara sold 3,000 shares of HealthStream stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $24.08, for a total transaction of $72,240.00. Following the transaction, the executive vice president directly owned 20,982 shares of the company’s stock, valued at $505,246.56. The trade was a 12.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 11,000 shares of company stock valued at $296,240. Company insiders own 20.40% of the company’s stock.

Institutional Investors Weigh In On HealthStream

Several institutional investors have recently made changes to their positions in HSTM. The Manufacturers Life Insurance Company lifted its holdings in shares of HealthStream by 6.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,354 shares of the technology company’s stock worth $259,000 after acquiring an additional 586 shares during the last quarter. Snowden Capital Advisors LLC grew its holdings in HealthStream by 8.7% during the 2nd quarter. Snowden Capital Advisors LLC now owns 10,196 shares of the technology company’s stock valued at $282,000 after purchasing an additional 816 shares during the last quarter. Jane Street Group LLC raised its position in HealthStream by 1.9% in the 2nd quarter. Jane Street Group LLC now owns 48,533 shares of the technology company’s stock worth $1,343,000 after purchasing an additional 922 shares during the period. Martingale Asset Management L P raised its position in HealthStream by 3.3% in the 4th quarter. Martingale Asset Management L P now owns 38,901 shares of the technology company’s stock worth $897,000 after purchasing an additional 1,258 shares during the period. Finally, Invesco Ltd. lifted its stake in HealthStream by 0.9% in the fourth quarter. Invesco Ltd. now owns 151,691 shares of the technology company’s stock worth $3,500,000 after purchasing an additional 1,307 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

HealthStream Company Profile

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.