Phreesia, Inc. $PHR Stock Holdings Trimmed by Rock Springs Capital Management LP

Posted by on Jul 28th, 2026

Rock Springs Capital Management LP lowered its holdings in shares of Phreesia, Inc. (NYSE:PHR – Free Report) by 31.5% during the 1st quarter, Holdings Channel reports. The fund owned 600,400 shares of the company’s stock after selling 276,200 shares during the period. Rock Springs Capital Management LP’s holdings in Phreesia were worth $5,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Pale Fire Capital SE bought a new position in shares of Phreesia in the first quarter worth $72,481,000. Granahan Investment Management LLC raised its stake in shares of Phreesia by 73.8% during the fourth quarter. Granahan Investment Management LLC now owns 2,399,613 shares of the company’s stock valued at $40,601,000 after purchasing an additional 1,018,987 shares in the last quarter. Prosight Management LP bought a new stake in shares of Phreesia during the fourth quarter valued at about $16,533,000. Millennium Management LLC lifted its holdings in Phreesia by 730.7% in the third quarter. Millennium Management LLC now owns 1,064,132 shares of the company’s stock worth $25,028,000 after purchasing an additional 936,033 shares during the period. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in Phreesia in the fourth quarter worth about $15,213,000. Institutional investors and hedge funds own 92.10% of the company’s stock.

Phreesia Trading Up 4.2%

Shares of PHR stock opened at $10.64 on Tuesday. The stock has a 50-day simple moving average of $9.89 and a 200 day simple moving average of $11.05. Phreesia, Inc. has a fifty-two week low of $7.77 and a fifty-two week high of $32.76. The stock has a market capitalization of $657.99 million, a P/E ratio of 70.97 and a beta of 0.87. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.41.

Phreesia (NYSE:PHR – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. Phreesia had a net margin of 1.85% and a return on equity of 5.13%. The firm had revenue of $130.94 million for the quarter, compared to analysts’ expectations of $130.08 million. During the same period in the previous year, the business earned ($0.07) earnings per share. Phreesia’s revenue for the quarter was up 12.9% compared to the same quarter last year. On average, sell-side analysts expect that Phreesia, Inc. will post 0.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on PHR shares. BMO Capital Markets lowered their target price on shares of Phreesia from $32.00 to $14.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 31st. Truist Financial upped their price target on shares of Phreesia from $11.00 to $12.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Piper Sandler cut shares of Phreesia from an “overweight” rating to a “neutral” rating and set a $12.00 price objective for the company. in a report on Thursday, May 28th. Citigroup reiterated a “market perform” rating on shares of Phreesia in a report on Friday, May 29th. Finally, Weiss Ratings raised Phreesia from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, July 20th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $16.65.

Get Our Latest Analysis on Phreesia

About Phreesia

(Free Report)

Phreesia, Inc (NYSE: PHR) is a provider of patient intake management solutions designed to streamline front-office workflows for healthcare organizations. The company’s cloud-based platform digitizes patient registration, appointment scheduling, insurance verification, consent documentation and payment collection through touchscreen kiosks, tablets and mobile devices. By replacing paper forms and manual processes, Phreesia enhances data accuracy, reduces administrative burden and improves the patient experience.

Founded in 2000 by Chaim Indig and headquartered in Burlington, Massachusetts, Phreesia offers a modular software suite that integrates with electronic medical record (EMR) and practice management systems.

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Institutional Ownership by Quarter for Phreesia (NYSE:PHR)

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