Shares of HealthStream Inc. (NASDAQ:HSTM) saw unusually-high trading volume on Tuesday . Approximately 124,960 shares changed hands during mid-day trading, an increase of 36% from the previous session’s volume of 91,740 shares.The stock last traded at $27.69 and had previously closed at $27.40.

HSTM has been the topic of a number of recent analyst reports. FBR & Co initiated coverage on HealthStream in a research note on Tuesday, March 29th. They issued an “outperform” rating and a $27.00 price objective on the stock. Canaccord Genuity reiterated a “buy” rating on shares of HealthStream in a research note on Wednesday, April 20th. Needham & Company LLC reiterated a “buy” rating and issued a $32.00 price objective (up from $26.00) on shares of HealthStream in a research note on Friday, June 10th. Finally, Barrington Research initiated coverage on HealthStream in a research note on Wednesday, June 29th. They issued an “outperform” rating and a $30.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $29.71.

The stock has a market cap of $877.31 million and a price-to-earnings ratio of 118.67. The firm has a 50 day moving average price of $25.51 and a 200-day moving average price of $22.33.

HealthStream (NASDAQ:HSTM) last posted its quarterly earnings results on Monday, April 25th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by $0.03. The company had revenue of $54.10 million for the quarter, compared to analyst estimates of $54.03 million. During the same quarter last year, the company earned $0.10 EPS. The company’s quarterly revenue was up 14.6% compared to the same quarter last year. On average, analysts anticipate that HealthStream Inc. will post $0.33 EPS for the current year.

A number of hedge funds recently modified their holdings of HSTM. Dimensional Fund Advisors LP raised its stake in shares of HealthStream by 2.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,015,508 shares of the company’s stock worth $22,341,000 after buying an additional 20,056 shares in the last quarter. Pembroke Management LTD raised its stake in shares of HealthStream by 5.8% in the fourth quarter. Pembroke Management LTD now owns 1,747,728 shares of the company’s stock worth $38,450,000 after buying an additional 96,500 shares in the last quarter. Finally, California State Teachers Retirement System raised its stake in shares of HealthStream by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 46,774 shares of the company’s stock worth $1,029,000 after buying an additional 865 shares in the last quarter.

HealthStream, Inc provides workforce, patient experience and provider solutions for healthcare organizations. Delivered primarily as Software-as-a-Service (SaaS), the Company’s solutions focus on challenges facing the healthcare workforce and healthcare organizations, including the need to manage, retain, engage and develop healthcare workforce talent; meet compliance requirements; manage ongoing medical staff credentialing and privileging processes, and deliver patient experiences of care in healthcare organizations.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.