HMS Holdings Corp (NASDAQ:HMSY) Director William F. Miller III sold 1,500 shares of the firm’s stock in a transaction on Thursday, December 6th. The stock was sold at an average price of $33.86, for a total transaction of $50,790.00. Following the completion of the sale, the director now owns 159,018 shares of the company’s stock, valued at approximately $5,384,349.48. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of HMSY opened at $29.51 on Tuesday. The company has a quick ratio of 4.04, a current ratio of 4.04 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $2.68 billion, a PE ratio of 41.44, a P/E/G ratio of 3.42 and a beta of 1.34. HMS Holdings Corp has a 52-week low of $14.88 and a 52-week high of $38.15.

HMS (NASDAQ:HMSY) last announced its quarterly earnings results on Friday, November 2nd. The business services provider reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.10. The business had revenue of $154.20 million during the quarter, compared to the consensus estimate of $140.93 million. HMS had a net margin of 8.01% and a return on equity of 10.63%. The business’s revenue was up 22.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.19 EPS. On average, equities research analysts forecast that HMS Holdings Corp will post 0.85 EPS for the current fiscal year.

Several research firms have recently commented on HMSY. BidaskClub cut shares of HMS from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Credit Suisse Group raised their target price on shares of HMS from $27.00 to $33.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 22nd. ValuEngine cut shares of HMS from a “strong-buy” rating to a “buy” rating in a research note on Monday. First Analysis upgraded shares of HMS from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $31.00 to $38.00 in a research note on Sunday, November 4th. Finally, Chardan Capital began coverage on shares of HMS in a research note on Thursday, September 13th. They issued a “neutral” rating and a $35.00 target price for the company. Three equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $33.90.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Riverhead Capital Management LLC increased its holdings in shares of HMS by 19.2% in the 3rd quarter. Riverhead Capital Management LLC now owns 9,320 shares of the business services provider’s stock valued at $306,000 after purchasing an additional 1,500 shares in the last quarter. Blair William & Co. IL increased its holdings in shares of HMS by 1.3% in the 3rd quarter. Blair William & Co. IL now owns 165,055 shares of the business services provider’s stock valued at $5,415,000 after purchasing an additional 2,055 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of HMS by 15.9% in the 2nd quarter. Victory Capital Management Inc. now owns 16,690 shares of the business services provider’s stock valued at $361,000 after purchasing an additional 2,289 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of HMS by 13.2% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,925 shares of the business services provider’s stock valued at $654,000 after purchasing an additional 2,322 shares in the last quarter. Finally, Carillon Tower Advisers Inc. increased its holdings in shares of HMS by 2.0% in the 3rd quarter. Carillon Tower Advisers Inc. now owns 149,577 shares of the business services provider’s stock valued at $4,908,000 after purchasing an additional 2,931 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

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About HMS

HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. It provides coordination of benefits services to government and commercial healthcare payers and sponsors to coordinate benefits for claims; and payment integrity services that ensure healthcare claims billed are accurate and appropriate, as well as offers care management and consumer engagement solutions.

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Insider Buying and Selling by Quarter for HMS (NASDAQ:HMSY)

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