Level Four Advisory Services LLC Invests $640,000 in Semler Scientific, Inc. (NASDAQ:SMLR)

Level Four Advisory Services LLC bought a new position in shares of Semler Scientific, Inc. (NASDAQ:SMLR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,860 shares of the company's stock, valued at approximately $640,000. Level Four Advisory Services LLC owned 0.13% of Semler Scientific as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in SMLR. Global Retirement Partners LLC lifted its holdings in Semler Scientific by 62.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,300 shares of the company's stock worth $70,000 after buying an additional 500 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in Semler Scientific by 13.2% during the fourth quarter. Sanctuary Advisors LLC now owns 5,012 shares of the company's stock worth $261,000 after purchasing an additional 584 shares during the last quarter. Jones Financial Companies Lllp acquired a new position in Semler Scientific in the fourth quarter valued at approximately $34,000. Larson Financial Group LLC purchased a new position in Semler Scientific in the fourth quarter valued at approximately $38,000. Finally, State Street Corp raised its holdings in Semler Scientific by 0.6% during the third quarter. State Street Corp now owns 118,223 shares of the company's stock worth $2,784,000 after purchasing an additional 725 shares in the last quarter. Institutional investors and hedge funds own 49.37% of the company's stock.

Analyst Ratings Changes

Separately, Lake Street Capital upped their target price on shares of Semler Scientific from $40.00 to $71.00 and gave the company a "buy" rating in a report on Friday, January 24th.

Semler Scientific Stock Performance

Shares of SMLR stock traded down $0.21 during mid-day trading on Friday, hitting $33.85. 409,786 shares of the stock were exchanged, compared to its average volume of 390,313. The stock's fifty day simple moving average is $42.85 and its two-hundred day simple moving average is $45.00. Semler Scientific, Inc. has a 12-month low of $20.88 and a 12-month high of $81.56. The stock has a market capitalization of $324.86 million, a price-to-earnings ratio of 6.89 and a beta of 1.29.

Semler Scientific (NASDAQ:SMLR - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $3.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $3.21. Semler Scientific had a return on equity of 50.77% and a net margin of 72.65%. The firm had revenue of $12.41 million for the quarter.

Semler Scientific Profile

Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company's products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient's vascular condition.