State of Alaska Department of Revenue increased its position in HealthStream, Inc. (NASDAQ:HSTM) by 79.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,040 shares of the technology company’s stock after buying an additional 2,230 shares during the period. State of Alaska Department of Revenue’s holdings in HealthStream were worth $132,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Mason Street Advisors LLC increased its position in HealthStream by 7.1% in the first quarter. Mason Street Advisors LLC now owns 5,944 shares of the technology company’s stock worth $144,000 after buying an additional 395 shares in the last quarter. Bank of Montreal Can increased its position in HealthStream by 1.1% in the second quarter. Bank of Montreal Can now owns 5,720 shares of the technology company’s stock worth $151,000 after buying an additional 65 shares in the last quarter. Wrapmanager Inc. acquired a new position in HealthStream during the first quarter worth about $203,000. PNC Financial Services Group Inc. increased its position in HealthStream by 0.4% in the first quarter. PNC Financial Services Group Inc. now owns 8,645 shares of the technology company’s stock worth $210,000 after buying an additional 31 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its position in HealthStream by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,400 shares of the technology company’s stock worth $252,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 76.83% of the company’s stock.

HealthStream, Inc. (NASDAQ:HSTM) traded up 0.93% on Friday, hitting $22.80. 197,182 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $24.95 and its 200-day moving average price is $25.32. HealthStream, Inc. has a 12-month low of $20.60 and a 12-month high of $31.53. The company has a market cap of $727.00 million, a PE ratio of 164.03 and a beta of 0.98.

HealthStream (NASDAQ:HSTM) last issued its earnings results on Monday, July 24th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.04. HealthStream had a net margin of 1.85% and a return on equity of 2.27%. The business had revenue of $61.48 million during the quarter, compared to analysts’ expectations of $61.36 million. During the same quarter in the prior year, the business posted $0.04 EPS. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. Analysts forecast that HealthStream, Inc. will post $0.22 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: “HealthStream, Inc. (HSTM) Shares Bought by State of Alaska Department of Revenue” was originally published by Daily Political and is owned by of Daily Political. If you are accessing this story on another domain, it was stolen and republished in violation of United States & international copyright & trademark laws. The correct version of this story can be accessed at https://www.dailypolitical.com/2017/08/11/healthstream-inc-hstm-shares-bought-by-state-of-alaska-department-of-revenue.html.

A number of equities analysts have recently issued reports on HSTM shares. Craig Hallum upgraded shares of HealthStream from a “hold” rating to a “buy” rating in a research note on Tuesday, April 25th. Robert W. Baird set a $31.00 target price on shares of HealthStream and gave the company a “buy” rating in a research note on Tuesday, April 25th. Needham & Company LLC raised their target price on shares of HealthStream from $28.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, April 26th. Zacks Investment Research upgraded shares of HealthStream from a “hold” rating to a “buy” rating and set a $29.00 target price for the company in a research note on Tuesday, June 27th. Finally, First Analysis upgraded shares of HealthStream from an “underweight” rating to an “equal weight” rating and set a $19.00 target price for the company in a research note on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $26.43.

About HealthStream

HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.

Want to see what other hedge funds are holding HSTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HealthStream, Inc. (NASDAQ:HSTM).

Institutional Ownership by Quarter for HealthStream (NASDAQ:HSTM)

Receive News & Ratings for HealthStream Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HealthStream Inc. and related companies with MarketBeat.com's FREE daily email newsletter.