114,714 Shares in Semler Scientific Inc. $SMLR Bought by RFG Advisory LLC

RFG Advisory LLC purchased a new stake in Semler Scientific Inc. (NASDAQ:SMLR) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 114,714 shares of the company’s stock, valued at approximately $3,441,000. RFG Advisory LLC owned approximately 0.76% of Semler Scientific as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SMLR. Police & Firemen s Retirement System of New Jersey lifted its holdings in Semler Scientific by 75.5% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 1,674 shares of the company’s stock valued at $65,000 after purchasing an additional 720 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Semler Scientific by 354.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,819 shares of the company’s stock worth $70,000 after purchasing an additional 1,419 shares in the last quarter. AlphaQuest LLC raised its stake in shares of Semler Scientific by 446.2% in the 3rd quarter. AlphaQuest LLC now owns 3,419 shares of the company’s stock valued at $103,000 after acquiring an additional 2,793 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Semler Scientific by 47.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,965 shares of the company’s stock valued at $144,000 after purchasing an additional 1,269 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Semler Scientific by 23.0% in the second quarter. JPMorgan Chase & Co. now owns 4,143 shares of the company’s stock worth $160,000 after buying an additional 776 shares during the period. Hedge funds and other institutional investors own 49.37% of the company’s stock.

Semler Scientific Stock Down 4.9%

Shares of NASDAQ:SMLR opened at $20.33 on Tuesday. The firm has a market cap of $310.74 million, a PE ratio of 7.31 and a beta of 1.32. The company has a fifty day simple moving average of $19.19 and a 200 day simple moving average of $25.24. The company has a current ratio of 1.97, a quick ratio of 1.95 and a debt-to-equity ratio of 0.21. Semler Scientific Inc. has a 12-month low of $14.89 and a 12-month high of $66.50.

Semler Scientific (NASDAQ:SMLR) last posted its quarterly earnings results on Wednesday, November 12th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of ($0.14) by $1.21. Semler Scientific had a return on equity of 34.21% and a net margin of 130.80%.The business had revenue of $7.49 million during the quarter, compared to the consensus estimate of $7.87 million.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Semler Scientific in a research report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $75.33.

Semler Scientific Profile

Semler Scientific, Inc, headquartered in Princeton, New Jersey, is a medical technology company specializing in the development and commercialization of non-invasive monitoring solutions for intracranial pressure. The company’s core focus is on improving patient care in neurocritical and acute care settings by providing clinicians with advanced diagnostic tools that reduce the risks associated with invasive procedures.

The company’s flagship product, the NICO Monitor, employs proprietary acoustic monitoring technology to continuously estimate intracranial pressure and compliance at the bedside.