HMS Holdings Corp (HMSY) Insider Sells $1,332,424.40 in Stock
HMS Holdings Corp (NASDAQ:HMSY) insider Douglas M. Williams sold 37,810 shares of the firm’s stock in a transaction on Tuesday, December 4th. The shares were sold at an average price of $35.24, for a total transaction of $1,332,424.40. Following the completion of the transaction, the insider now directly owns 155,107 shares of the company’s stock, valued at approximately $5,465,970.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of HMSY stock opened at $33.86 on Friday. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of 78.74, a PEG ratio of 3.69 and a beta of 1.35. The company has a quick ratio of 4.04, a current ratio of 4.04 and a debt-to-equity ratio of 0.37. HMS Holdings Corp has a one year low of $14.88 and a one year high of $38.15.
HMS (NASDAQ:HMSY) last announced its quarterly earnings results on Friday, November 2nd. The business services provider reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.10. The firm had revenue of $154.20 million during the quarter, compared to analysts’ expectations of $140.93 million. HMS had a net margin of 8.01% and a return on equity of 10.63%. The company’s revenue for the quarter was up 22.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.19 earnings per share. As a group, equities research analysts predict that HMS Holdings Corp will post 0.85 earnings per share for the current fiscal year.
A number of hedge funds have recently made changes to their positions in the business. BlackRock Inc. lifted its stake in HMS by 5.2% in the third quarter. BlackRock Inc. now owns 12,188,633 shares of the business services provider’s stock valued at $399,909,000 after acquiring an additional 604,884 shares during the last quarter. Vanguard Group Inc. lifted its stake in HMS by 2.7% in the third quarter. Vanguard Group Inc. now owns 8,382,915 shares of the business services provider’s stock valued at $275,045,000 after acquiring an additional 216,531 shares during the last quarter. Standard Life Aberdeen plc lifted its stake in HMS by 45.5% in the third quarter. Standard Life Aberdeen plc now owns 1,542,251 shares of the business services provider’s stock valued at $50,578,000 after acquiring an additional 482,126 shares during the last quarter. Northern Trust Corp lifted its stake in HMS by 1.4% in the second quarter. Northern Trust Corp now owns 1,133,001 shares of the business services provider’s stock valued at $24,495,000 after acquiring an additional 15,596 shares during the last quarter. Finally, Teachers Advisors LLC lifted its stake in HMS by 0.6% in the third quarter. Teachers Advisors LLC now owns 861,624 shares of the business services provider’s stock valued at $28,270,000 after acquiring an additional 5,450 shares during the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.
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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.
Further Reading: Yield Curve
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