Shares of HealthStream Inc. (NASDAQ:HSTM) saw strong trading volume on Wednesday . 129,804 shares were traded during trading, an increase of 27% from the previous session’s volume of 101,950 shares.The stock last traded at $26.11 and had previously closed at $26.24.

A number of equities research analysts recently weighed in on the stock. Canaccord Genuity reaffirmed a “buy” rating on shares of HealthStream in a research report on Wednesday, April 20th. FBR & Co reaffirmed a “buy” rating and set a $27.00 price objective on shares of HealthStream in a research report on Sunday, July 3rd. Needham & Company LLC reaffirmed a “buy” rating and set a $32.00 price objective (up previously from $26.00) on shares of HealthStream in a research report on Friday, June 10th. Finally, Barrington Research assumed coverage on shares of HealthStream in a research report on Wednesday, June 29th. They set an “outperform” rating and a $30.00 price objective for the company. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $28.50.

The company has a 50-day moving average of $26.11 and a 200-day moving average of $22.55. The stock has a market capitalization of $817.02 million and a PE ratio of 110.52.

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

An institutional investor recently raised its position in HealthStream stock. Dimensional Fund Advisors LP increased its position in shares of HealthStream Inc. (NASDAQ:HSTM) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,015,508 shares of the company’s stock after buying an additional 20,056 shares during the period. Dimensional Fund Advisors LP owned approximately 3.21% of HealthStream worth $22,341,000 at the end of the most recent 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.