HealthEquity, Inc. (NASDAQ:HQY) major shareholder Berkley Capital, Llc sold 11,200 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $51.54, for a total value of $577,248.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Berkley Capital, Llc also recently made the following trade(s):

  • On Friday, November 24th, Berkley Capital, Llc sold 77,221 shares of HealthEquity stock. The stock was sold at an average price of $51.31, for a total value of $3,962,209.51.
  • On Thursday, November 16th, Berkley Capital, Llc sold 23,479 shares of HealthEquity stock. The stock was sold at an average price of $51.08, for a total value of $1,199,307.32.
  • On Monday, November 6th, Berkley Capital, Llc sold 373,500 shares of HealthEquity stock. The stock was sold at an average price of $53.21, for a total value of $19,873,935.00.
  • On Thursday, November 2nd, Berkley Capital, Llc sold 13,600 shares of HealthEquity stock. The stock was sold at an average price of $51.02, for a total value of $693,872.00.
  • On Thursday, October 12th, Berkley Capital, Llc sold 11,395 shares of HealthEquity stock. The stock was sold at an average price of $51.91, for a total value of $591,514.45.
  • On Monday, October 9th, Berkley Capital, Llc sold 1,100 shares of HealthEquity stock. The stock was sold at an average price of $51.95, for a total value of $57,145.00.
  • On Friday, October 6th, Berkley Capital, Llc sold 29,032 shares of HealthEquity stock. The stock was sold at an average price of $51.97, for a total value of $1,508,793.04.
  • On Thursday, October 5th, Berkley Capital, Llc sold 286,512 shares of HealthEquity stock. The stock was sold at an average price of $51.96, for a total value of $14,887,163.52.

HealthEquity, Inc. (HQY) traded up $0.60 during trading on Friday, hitting $51.50. The company had a trading volume of 90,654 shares, compared to its average volume of 425,335. HealthEquity, Inc. has a 12-month low of $37.62 and a 12-month high of $55.31. The firm has a market capitalization of $3,078.88, a P/E ratio of 80.79, a price-to-earnings-growth ratio of 2.23 and a beta of 1.77.

HealthEquity (NASDAQ:HQY) last released its earnings results on Tuesday, September 5th. The company reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.13. HealthEquity had a return on equity of 13.93% and a net margin of 20.27%. The firm had revenue of $56.90 million during the quarter, compared to the consensus estimate of $55.66 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue was up 28.7% compared to the same quarter last year. equities analysts expect that HealthEquity, Inc. will post 0.7 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in HQY. Zions Bancorporation acquired a new position in HealthEquity in the third quarter valued at approximately $119,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in HealthEquity by 105.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,544 shares of the company’s stock valued at $127,000 after acquiring an additional 1,308 shares during the period. Riverhead Capital Management LLC lifted its holdings in HealthEquity by 75.3% in the second quarter. Riverhead Capital Management LLC now owns 2,629 shares of the company’s stock valued at $131,000 after acquiring an additional 1,129 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in HealthEquity by 7.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,686 shares of the company’s stock valued at $134,000 after acquiring an additional 191 shares during the period. Finally, Fortaleza Asset Management Inc. acquired a new position in HealthEquity in the second quarter valued at approximately $138,000. 93.19% of the stock is owned by institutional investors.

HQY has been the subject of a number of research reports. BidaskClub raised HealthEquity from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Zacks Investment Research raised HealthEquity from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a report on Wednesday, October 11th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $61.00 target price on shares of HealthEquity in a report on Wednesday, September 6th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $56.00 target price on shares of HealthEquity in a report on Tuesday, August 29th. Finally, Robert W. Baird reaffirmed a “hold” rating on shares of HealthEquity in a report on Thursday, September 21st. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $57.50.

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About HealthEquity

HealthEquity, Inc provides a range of solutions for managing healthcare accounts (Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs) and Flexible Spending Accounts (FSAs)) for health plans, insurance companies and third-party administrators. The Company is engaged in technology-enabled services platforms that allow consumers to make healthcare saving and spending decisions.

Insider Buying and Selling by Quarter for HealthEquity (NASDAQ:HQY)

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