Callan Family Office LLC Takes Position in HealthStream, Inc. $HSTM

Callan Family Office LLC bought a new stake in HealthStream, Inc. (NASDAQ:HSTMFree Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,272 shares of the technology company’s stock, valued at approximately $552,000. Callan Family Office LLC owned about 0.07% of HealthStream as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of HSTM. Danske Bank A S boosted its position in HealthStream by 175.0% during the fourth quarter. Danske Bank A S now owns 1,100 shares of the technology company’s stock valued at $25,000 after purchasing an additional 700 shares during the last quarter. Essential Partners LLC acquired a new position in shares of HealthStream during the 1st quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of HealthStream by 76.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,025 shares of the technology company’s stock worth $28,000 after purchasing an additional 444 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of HealthStream by 2,035.5% during the 4th quarter. Hantz Financial Services Inc. now owns 1,324 shares of the technology company’s stock worth $31,000 after purchasing an additional 1,262 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in shares of HealthStream in the 2nd quarter valued at approximately $31,000. Institutional investors own 69.58% of the company’s stock.

Insider Activity at HealthStream

In related news, Director Linda Rebrovick sold 6,000 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $29.00, for a total value of $174,000.00. Following the transaction, the director owned 51,329 shares in the company, valued at approximately $1,488,541. This represents a 10.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 20.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wall Street Zen cut shares of HealthStream from a “buy” rating to a “hold” rating in a research note on Saturday. Canaccord Genuity Group increased their price target on shares of HealthStream from $24.00 to $27.00 and gave the company a “hold” rating in a research note on Tuesday, July 21st. Finally, Weiss Ratings raised shares of HealthStream from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $27.00.

Get Our Latest Stock Report on HSTM

HealthStream Trading Up 0.3%

HSTM stock opened at $28.87 on Wednesday. The firm has a market capitalization of $843.58 million, a PE ratio of 40.10, a PEG ratio of 3.33 and a beta of 0.44. HealthStream, Inc. has a 1-year low of $19.50 and a 1-year high of $31.11. The business’s 50 day simple moving average is $27.94 and its 200 day simple moving average is $24.15.

HealthStream (NASDAQ:HSTMGet Free Report) last announced its quarterly earnings results on Monday, August 3rd. The technology company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.06. HealthStream had a return on equity of 6.81% and a net margin of 6.60%.The business had revenue of $83.73 million during the quarter, compared to the consensus estimate of $80.82 million. As a group, sell-side analysts predict that HealthStream, Inc. will post 0.72 EPS for the current fiscal year.

HealthStream Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 17th will be issued a dividend of $0.035 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.14 annualized dividend and a dividend yield of 0.5%. HealthStream’s payout ratio is presently 19.44%.

HealthStream Company Profile

(Free Report)

HealthStream, Inc is a Nashville, Tennessee–based provider of workforce development and learning management solutions for healthcare organizations. Since its founding in 1990, the company has focused on helping hospitals, clinics and other care providers streamline staff training, ensure regulatory compliance and monitor employee performance. HealthStream’s platform integrates online courses, skill competency assessments and credential management tools to support workforce readiness across the healthcare continuum.

The company’s core offerings include a learning management system (LMS) designed specifically for clinical and nonclinical personnel, a competency management suite that tracks skill acquisition and validation, and a content library featuring evidence-based clinical and compliance training modules.

Further Reading

Institutional Ownership by Quarter for HealthStream (NASDAQ:HSTM)

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