Watershed Asset Management L.L.C. Has $299,000 Stock Position in Semler Scientific, Inc. (NASDAQ:SMLR)

Watershed Asset Management L.L.C. decreased its position in shares of Semler Scientific, Inc. (NASDAQ:SMLR) by 30.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,747 shares of the company’s stock after selling 2,885 shares during the period. Watershed Asset Management L.L.C. owned 0.10% of Semler Scientific worth $299,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Quantbot Technologies LP acquired a new stake in shares of Semler Scientific in the third quarter worth about $57,000. Veery Capital LLC acquired a new stake in shares of Semler Scientific in the fourth quarter worth about $266,000. Trexquant Investment LP acquired a new stake in shares of Semler Scientific in the third quarter worth about $345,000. Exchange Traded Concepts LLC acquired a new stake in shares of Semler Scientific in the fourth quarter worth about $383,000. Finally, Bank of New York Mellon Corp lifted its position in shares of Semler Scientific by 24.7% in the third quarter. Bank of New York Mellon Corp now owns 22,115 shares of the company’s stock worth $561,000 after buying an additional 4,387 shares during the last quarter. Institutional investors and hedge funds own 49.37% of the company’s stock.

Wall Street Analyst Weigh In

Separately, TheStreet raised Semler Scientific from a “c+” rating to a “b-” rating in a research report on Friday, March 1st.

Semler Scientific Trading Up 3.2 %

SMLR traded up $0.83 on Tuesday, hitting $27.09. 70,536 shares of the stock traded hands, compared to its average volume of 73,224. Semler Scientific, Inc. has a 52 week low of $22.82 and a 52 week high of $53.38. The firm has a market capitalization of $190.44 million, a PE ratio of 10.29 and a beta of 0.89. The business has a fifty day moving average price of $34.96 and a two-hundred day moving average price of $37.95.

Semler Scientific (NASDAQ:SMLR) last issued its quarterly earnings results on Tuesday, March 5th. The company reported $0.55 earnings per share (EPS) for the quarter. Semler Scientific had a return on equity of 30.60% and a net margin of 30.19%. The firm had revenue of $15.06 million for the quarter.

Semler Scientific Company Profile

Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company's products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient's vascular condition.