HealthEquity Inc. (NASDAQ:HQY) insider Jon Kessler sold 20,000 shares of the business’s stock in a transaction dated Thursday, September 15th. The stock was sold at an average price of $33.46, for a total transaction of $669,200.00. Following the completion of the sale, the insider now directly owns 440,000 shares of the company’s stock, valued at approximately $14,722,400. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Jon Kessler also recently made the following trade(s):

  • On Monday, September 12th, Jon Kessler sold 120,117 shares of HealthEquity stock. The stock was sold at an average price of $33.10, for a total transaction of $3,975,872.70.
  • On Wednesday, August 31st, Jon Kessler sold 34,883 shares of HealthEquity stock. The stock was sold at an average price of $33.00, for a total transaction of $1,151,139.00.
  • On Monday, July 25th, Jon Kessler sold 10,000 shares of HealthEquity stock. The stock was sold at an average price of $29.62, for a total transaction of $296,200.00.
  • On Friday, July 15th, Jon Kessler sold 10,000 shares of HealthEquity stock. The stock was sold at an average price of $30.05, for a total transaction of $300,500.00.
  • On Thursday, June 23rd, Jon Kessler sold 10,000 shares of HealthEquity stock. The stock was sold at an average price of $29.00, for a total transaction of $290,000.00.

HealthEquity Inc. (NASDAQ:HQY) opened at 34.93 on Tuesday. The firm’s 50-day moving average is $31.17 and its 200-day moving average is $27.61. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 89.56 and a beta of 1.65. HealthEquity Inc. has a 1-year low of $15.80 and a 1-year high of $35.78.

HealthEquity (NASDAQ:HQY) last posted its quarterly earnings data on Tuesday, September 6th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.03. The business earned $44.20 million during the quarter. HealthEquity had a net margin of 15.21% and a return on equity of 10.89%. HealthEquity’s quarterly revenue was up 44.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.08 earnings per share. On average, equities analysts anticipate that HealthEquity Inc. will post $0.51 EPS for the current year.

Several equities research analysts have recently weighed in on the stock. Raymond James Financial Inc. boosted their target price on shares of HealthEquity from $32.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, September 12th. Zacks Investment Research downgraded shares of HealthEquity from a “buy” rating to a “hold” rating in a research report on Friday, September 9th. SunTrust Banks Inc. reissued a “buy” rating on shares of HealthEquity in a research report on Thursday, September 8th. Barrington Research boosted their target price on shares of HealthEquity from $34.00 to $38.00 and gave the stock an “outperform” rating in a research report on Thursday, September 8th. Finally, Robert W. Baird boosted their target price on shares of HealthEquity from $31.00 to $35.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 7th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. HealthEquity has a consensus rating of “Buy” and a consensus target price of $36.00.

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. increased its stake in HealthEquity by 56.5% in the second quarter. BlackRock Inc. now owns 3,594 shares of the company’s stock valued at $109,000 after buying an additional 1,297 shares in the last quarter. PineBridge Investments L.P. boosted its position in HealthEquity by 4.3% in the second quarter. PineBridge Investments L.P. now owns 4,482 shares of the company’s stock valued at $137,000 after buying an additional 186 shares during the last quarter. Teacher Retirement System of Texas boosted its position in HealthEquity by 43.9% in the second quarter. Teacher Retirement System of Texas now owns 6,061 shares of the company’s stock valued at $184,000 after buying an additional 1,850 shares during the last quarter. Denver Investment Advisors LLC bought a new position in HealthEquity during the second quarter valued at approximately $203,000. Finally, Mason Street Advisors LLC bought a new position in HealthEquity during the second quarter valued at approximately $210,000. 91.41% of the stock is owned by institutional investors and hedge funds.

HealthEquity Company Profile

HealthEquity, Inc provides a range of solutions for managing healthcare accounts (Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs) and Flexible Spending Accounts (FSAs)) for health plans, insurance companies and third-party administrators. The Company is engaged in technology-enabled services platforms that allow consumers to make healthcare saving and spending decisions.

5 Day Chart for NASDAQ:HQY

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