OLD National Bancorp IN lifted its position in shares of HealthStream, Inc. (NASDAQ:HSTM) by 57.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,514 shares of the technology company’s stock after purchasing an additional 6,398 shares during the period. OLD National Bancorp IN owned about 0.05% of HealthStream worth $409,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its stake in HealthStream by 0.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,645 shares of the technology company’s stock worth $210,000 after acquiring an additional 31 shares in the last quarter. Bank of Montreal Can raised its stake in HealthStream by 1.1% during the 2nd quarter. Bank of Montreal Can now owns 5,720 shares of the technology company’s stock worth $151,000 after acquiring an additional 65 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in HealthStream by 0.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,433 shares of the technology company’s stock worth $538,000 after acquiring an additional 158 shares in the last quarter. Arizona State Retirement System raised its stake in HealthStream by 1.5% during the 1st quarter. Arizona State Retirement System now owns 13,264 shares of the technology company’s stock worth $321,000 after acquiring an additional 200 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in HealthStream by 1.0% during the 2nd quarter. Wells Fargo & Company MN now owns 21,781 shares of the technology company’s stock worth $573,000 after acquiring an additional 206 shares in the last quarter. 76.36% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts recently commented on the stock. Zacks Investment Research lowered shares of HealthStream from a “hold” rating to a “sell” rating in a research note on Wednesday, July 26th. Needham & Company LLC reiterated a “hold” rating and set a $26.00 price target on shares of HealthStream in a research note on Tuesday, October 24th. First Analysis upgraded shares of HealthStream from an “underweight” rating to an “equal weight” rating and set a $19.00 price target on the stock in a research note on Wednesday, July 26th. Canaccord Genuity reiterated a “hold” rating and set a $25.00 price target on shares of HealthStream in a research note on Monday, October 23rd. Finally, ValuEngine lowered shares of HealthStream from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $25.14.

HealthStream (NASDAQ:HSTM) last posted its quarterly earnings results on Monday, October 23rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.03. HealthStream had a net margin of 2.36% and a return on equity of 2.46%. The company had revenue of $63.60 million for the quarter, compared to the consensus estimate of $62.48 million. During the same period last year, the firm posted $0.04 EPS. The company’s revenue for the quarter was up 8.9% on a year-over-year basis.

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HealthStream Company Profile

HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.

Institutional Ownership by Quarter for HealthStream (NASDAQ:HSTM)

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