Meredith W. Bjorck Sells 2,362 Shares of HMS Holdings Corp (HMSY) Stock
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.
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.
TRADEMARK VIOLATION NOTICE: “Meredith W. Bjorck Sells 2,362 Shares of HMS Holdings Corp (HMSY) Stock” was first posted by Daily Political and is owned by of Daily Political. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international copyright laws. The original version of this article can be viewed at https://www.dailypolitical.com/2019/04/16/meredith-w-bjorck-sells-2362-shares-of-hms-holdings-corp-hmsy-stock.html.
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.
Recommended Story: Do stock splits help investors?
Receive News & Ratings for HMS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HMS and related companies with MarketBeat.com's FREE daily email newsletter.