HMS Holdings Corp (NASDAQ:HMSY) Chairman William C. Lucia sold 59,862 shares of the stock in a transaction on Tuesday, June 11th. The stock was sold at an average price of $30.31, for a total transaction of $1,814,417.22. Following the sale, the chairman now directly owns 182,397 shares in the company, valued at $5,528,453.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of HMS stock traded down $0.06 during trading on Thursday, hitting $30.62. 137,727 shares of the stock were exchanged, compared to its average volume of 332,202. The firm has a market capitalization of $2.71 billion, a P/E ratio of 36.45, a P/E/G ratio of 2.75 and a beta of 1.46. The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.34 and a current ratio of 5.34. HMS Holdings Corp has a 12 month low of $21.46 and a 12 month high of $38.15.

HMS (NASDAQ:HMSY) last released its quarterly earnings results on Friday, May 3rd. The business services provider reported $0.28 EPS for the quarter, topping the consensus estimate of $0.12 by $0.16. The business had revenue of $148.00 million during the quarter, compared to analyst estimates of $144.13 million. HMS had a net margin of 11.28% and a return on equity of 14.02%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.22 earnings per share. As a group, sell-side analysts forecast that HMS Holdings Corp will post 1.03 earnings per share for the current year.

A number of analysts have weighed in on HMSY shares. BidaskClub raised shares of HMS from a “hold” rating to a “buy” rating in a report on Wednesday, March 20th. Guggenheim started coverage on shares of HMS in a report on Wednesday, April 17th. They set a “buy” rating on the stock. Zacks Investment Research raised shares of HMS from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a report on Thursday, May 9th. Finally, Cantor Fitzgerald reissued a “hold” rating and set a $34.00 target price on shares of HMS in a report on Friday, February 22nd. Five investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. HMS has a consensus rating of “Buy” and a consensus price target of $33.14.

Institutional investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC bought a new position in shares of HMS during the first quarter worth about $25,000. Oregon Public Employees Retirement Fund bought a new position in HMS in the 4th quarter valued at about $32,000. Financial Gravity Wealth Inc. bought a new position in HMS in the 1st quarter valued at about $46,000. Quadrant Capital Group LLC grew its position in HMS by 97.4% in the 1st quarter. Quadrant Capital Group LLC now owns 1,601 shares of the business services provider’s stock valued at $46,000 after buying an additional 790 shares in the last quarter. Finally, Premia Global Advisors LLC bought a new position in HMS in the 1st quarter valued at about $47,000. Institutional investors and hedge funds own 95.86% of the company’s stock.

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About HMS

HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. The company offers coordination of benefits services to government and commercial healthcare payers to ensure that the correct party pays the claim; and population management solutions that provide risk-bearing organizations with intelligence across their member populations to identify risks, and enhance patient engagement and outcomes, as well as payment integrity, care management and consumer engagement, and analytical solutions.

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