First Light Asset Management LLC lifted its stake in HealthStream, Inc. (NASDAQ:HSTM) by 5.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 221,668 shares of the technology company’s stock after purchasing an additional 12,081 shares during the quarter. HealthStream accounts for about 1.2% of First Light Asset Management LLC’s investment portfolio, making the stock its 23rd largest holding. First Light Asset Management LLC owned 0.69% of HealthStream worth $5,504,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Stevens Capital Management LP acquired a new position in shares of HealthStream in the 1st quarter valued at $203,000. Victory Capital Management Inc. acquired a new position in shares of HealthStream in the 1st quarter valued at $210,000. Teacher Retirement System of Texas acquired a new position in shares of HealthStream in the 4th quarter valued at $215,000. Barclays PLC boosted its position in shares of HealthStream by 45.6% in the 1st quarter. Barclays PLC now owns 9,444 shares of the technology company’s stock valued at $235,000 after purchasing an additional 2,958 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of HealthStream in the 1st quarter valued at $241,000. Institutional investors and hedge funds own 71.23% of the company’s stock.

In related news, Director C Martin Harris sold 3,415 shares of the stock in a transaction dated Monday, May 7th. The stock was sold at an average price of $26.58, for a total value of $90,770.70. Following the completion of the sale, the director now directly owns 24,794 shares of the company’s stock, valued at approximately $659,024.52. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael Sousa sold 16,005 shares of the stock in a transaction dated Thursday, May 3rd. The stock was sold at an average price of $25.09, for a total value of $401,565.45. Following the completion of the sale, the insider now directly owns 13,830 shares of the company’s stock, valued at $346,994.70. The disclosure for this sale can be found here. Over the last three months, insiders sold 49,171 shares of company stock valued at $1,279,902. Company insiders own 20.60% of the company’s stock.

Shares of HealthStream opened at $27.40 on Thursday, MarketBeat Ratings reports. The stock has a market capitalization of $904.47 million, a P/E ratio of 101.48, a price-to-earnings-growth ratio of 4.93 and a beta of 0.76. HealthStream, Inc. has a 1 year low of $21.15 and a 1 year high of $31.53.

HealthStream (NASDAQ:HSTM) last announced its quarterly earnings data on Monday, April 30th. The technology company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.05. The firm had revenue of $54.90 million during the quarter, compared to the consensus estimate of $55.85 million. HealthStream had a return on equity of 3.48% and a net margin of 13.42%. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.04 EPS. analysts predict that HealthStream, Inc. will post 0.33 earnings per share for the current year.

A number of equities analysts recently weighed in on HSTM shares. Zacks Investment Research upgraded HealthStream from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Wednesday, April 25th. Barrington Research reiterated a “buy” rating and issued a $32.00 price target on shares of HealthStream in a research report on Thursday, April 26th. Canaccord Genuity reiterated a “hold” rating and issued a $26.00 price target on shares of HealthStream in a research report on Wednesday, May 2nd. BidaskClub raised HealthStream from a “hold” rating to a “buy” rating in a research note on Saturday, May 19th. Finally, ValuEngine downgraded HealthStream from a “hold” rating to a “sell” rating in a research note on Thursday, April 26th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. HealthStream currently has an average rating of “Hold” and a consensus target price of $26.14.

About HealthStream

HealthStream, Inc provides workforce and provider solutions to the healthcare organizations in the United States. It operates in HealthStream Workforce Solutions and HealthStream Provider Solutions segments. The company offers workforce development solutions comprising software-as-a-service (SaaS) and subscription-based products to meet talent management, training, certification, competency assessment, performance appraisal, and development needs, as well as training, implementation, and account management services.

Institutional Ownership by Quarter for HealthStream (NASDAQ:HSTM)

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