First Eagle Investment Management LLC Decreases Stake in HealthStream, Inc. $HSTM

First Eagle Investment Management LLC lessened its holdings in shares of HealthStream, Inc. (NASDAQ:HSTM) by 1.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 406,498 shares of the technology company’s stock after selling 6,400 shares during the quarter. First Eagle Investment Management LLC’s holdings in HealthStream were worth $11,248,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Copeland Capital Management LLC lifted its stake in shares of HealthStream by 15.6% in the second quarter. Copeland Capital Management LLC now owns 882,950 shares of the technology company’s stock worth $24,431,000 after buying an additional 119,260 shares in the last quarter. Northern Trust Corp grew its stake in HealthStream by 26.0% during the 1st quarter. Northern Trust Corp now owns 386,127 shares of the technology company’s stock valued at $12,426,000 after acquiring an additional 79,687 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in HealthStream by 162.1% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 380,604 shares of the technology company’s stock valued at $10,531,000 after acquiring an additional 235,382 shares during the last quarter. Stephens Investment Management Group LLC lifted its stake in HealthStream by 0.3% in the 2nd quarter. Stephens Investment Management Group LLC now owns 319,301 shares of the technology company’s stock worth $8,835,000 after purchasing an additional 960 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in shares of HealthStream by 30.8% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 216,906 shares of the technology company’s stock worth $6,980,000 after purchasing an additional 51,070 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

HealthStream Stock Down 0.5%

NASDAQ:HSTM opened at $24.65 on Friday. HealthStream, Inc. has a 52 week low of $24.07 and a 52 week high of $34.24. The stock’s fifty day moving average is $27.26 and its two-hundred day moving average is $27.69. The company has a market capitalization of $730.65 million, a P/E ratio of 36.79, a P/E/G ratio of 3.08 and a beta of 0.43.

HealthStream (NASDAQ:HSTM) last released its quarterly earnings results on Monday, November 3rd. The technology company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. The business had revenue of $76.47 million during the quarter, compared to analysts’ expectations of $75.52 million. HealthStream had a return on equity of 5.70% and a net margin of 6.89%. HealthStream has set its FY 2025 guidance at EPS. Sell-side analysts anticipate that HealthStream, Inc. will post 0.63 earnings per share for the current fiscal year.

HealthStream Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 17th will be paid a dividend of $0.031 per share. This represents a $0.12 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Monday, November 17th. HealthStream’s dividend payout ratio (DPR) is 17.65%.

Wall Street Analysts Forecast Growth

HSTM has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of HealthStream in a research report on Wednesday, October 8th. Canaccord Genuity Group lowered their price objective on HealthStream from $29.00 to $28.00 and set a “hold” rating on the stock in a research note on Thursday, August 7th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $28.00.

Insider Buying and Selling at HealthStream

In other news, EVP Kevin P. O’hara sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $27.97, for a total value of $55,940.00. Following the sale, the executive vice president directly owned 17,137 shares of the company’s stock, valued at approximately $479,321.89. The trade was a 10.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 20.60% of the stock is currently owned by corporate insiders.

HealthStream Profile

HealthStream, Inc provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States. The company’s solutions help healthcare organizations in meeting their ongoing clinical development, talent management, training, education, assessment, competency management, safety and compliance, and scheduling, as well as provider credentialing, privileging, and enrollment needs.