HMS Holdings Corp (NASDAQ:HMSY) insider Meredith W. Bjorck sold 2,362 shares of the stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $30.10, for a total transaction of $71,096.20. Following the sale, the insider now directly owns 51,755 shares in the company, valued at approximately $1,557,825.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of NASDAQ HMSY opened at $30.26 on Tuesday. The stock has a market capitalization of $2.58 billion, a PE ratio of 36.02, a price-to-earnings-growth ratio of 2.85 and a beta of 1.61. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.40 and a current ratio of 4.40. HMS Holdings Corp has a 1 year low of $17.11 and a 1 year high of $38.15.

HMS (NASDAQ:HMSY) last issued its earnings results on Friday, February 22nd. The business services provider reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.03. The company had revenue of $155.80 million for the quarter, compared to analyst estimates of $155.84 million. HMS had a net margin of 9.19% and a return on equity of 14.21%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.24 EPS. Analysts expect that HMS Holdings Corp will post 0.97 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Oregon Public Employees Retirement Fund bought a new position in HMS during the 4th quarter worth approximately $32,000. We Are One Seven LLC bought a new position in HMS during the 4th quarter worth approximately $84,000. LS Investment Advisors LLC boosted its stake in HMS by 80.0% during the 4th quarter. LS Investment Advisors LLC now owns 5,016 shares of the business services provider’s stock worth $141,000 after acquiring an additional 2,230 shares during the last quarter. BlueMountain Capital Management LLC bought a new position in HMS during the 3rd quarter worth approximately $146,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in HMS by 11.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,826 shares of the business services provider’s stock worth $164,000 after acquiring an additional 592 shares during the last quarter. 95.44% of the stock is currently owned by institutional investors.

HMSY has been the topic of a number of research analyst reports. ValuEngine lowered shares of HMS from a “strong-buy” rating to a “buy” rating in a report on Monday, December 17th. BidaskClub lowered shares of HMS from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 18th. Finally, Zacks Investment Research lowered shares of HMS from a “strong-buy” rating to a “hold” rating in a report on Friday, January 4th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $33.50.

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HMS Company Profile

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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