HMS Holdings Corp (NASDAQ:HMSY) Director Ellen A. Rudnick sold 17,890 shares of the firm’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $35.15, for a total value of $628,833.50. Following the completion of the transaction, the director now directly owns 81,176 shares in the company, valued at $2,853,336.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

HMSY stock opened at $33.86 on Friday. HMS Holdings Corp has a twelve month low of $14.88 and a twelve month high of $38.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.04 and a current ratio of 4.04. The stock has a market cap of $2.89 billion, a PE ratio of 44.79, a P/E/G ratio of 3.70 and a beta of 1.35.

HMS (NASDAQ:HMSY) last posted its quarterly earnings data on Friday, November 2nd. The business services provider reported $0.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.10. HMS had a return on equity of 10.63% and a net margin of 8.01%. The firm had revenue of $154.20 million for the quarter, compared to analysts’ expectations of $140.93 million. During the same period in the previous year, the firm earned $0.19 EPS. The business’s quarterly revenue was up 22.7% on a year-over-year basis. As a group, equities analysts forecast that HMS Holdings Corp will post 0.85 earnings per share for the current fiscal year.

Several research analysts have issued reports on the company. Zacks Investment Research raised HMS from a “hold” rating to a “strong-buy” rating and set a $41.00 target price on the stock in a research report on Thursday, November 8th. BidaskClub raised HMS from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 7th. Cantor Fitzgerald lifted their price objective on HMS to $31.00 and gave the company a “neutral” rating in a research report on Monday, November 5th. First Analysis raised HMS from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $31.00 to $38.00 in a research report on Sunday, November 4th. Finally, Chardan Capital initiated coverage on HMS in a research report on Thursday, September 13th. They set a “neutral” rating and a $35.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and three have given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $33.90.

Several hedge funds have recently bought and sold shares of HMSY. Riverhead Capital Management LLC raised its stake in HMS by 19.2% during the 3rd quarter. Riverhead Capital Management LLC now owns 9,320 shares of the business services provider’s stock valued at $306,000 after purchasing an additional 1,500 shares during the period. Blair William & Co. IL raised its stake in HMS by 1.3% during the 3rd quarter. Blair William & Co. IL now owns 165,055 shares of the business services provider’s stock valued at $5,415,000 after purchasing an additional 2,055 shares during the period. Victory Capital Management Inc. raised its stake in HMS by 15.9% during the 2nd quarter. Victory Capital Management Inc. now owns 16,690 shares of the business services provider’s stock valued at $361,000 after purchasing an additional 2,289 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in HMS by 13.2% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,925 shares of the business services provider’s stock valued at $654,000 after purchasing an additional 2,322 shares during the period. Finally, Carillon Tower Advisers Inc. raised its stake in HMS by 2.0% during the 3rd quarter. Carillon Tower Advisers Inc. now owns 149,577 shares of the business services provider’s stock valued at $4,908,000 after purchasing an additional 2,931 shares during the period. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

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HMS Company Profile

HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. It provides coordination of benefits services to government and commercial healthcare payers and sponsors to coordinate benefits for claims; and payment integrity services that ensure healthcare claims billed are accurate and appropriate, as well as offers care management and consumer engagement solutions.

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Insider Buying and Selling by Quarter for HMS (NASDAQ:HMSY)

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