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

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

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp bought a new stake in shares of Semler Scientific during the fourth quarter worth $34,000. Larson Financial Group LLC bought a new position in Semler Scientific during the 4th quarter worth approximately $38,000. IFP Advisors Inc acquired a new position in shares of Semler Scientific in the 4th quarter valued at $54,000. Quest Partners LLC raised its stake in Semler Scientific by 48.0% during the 3rd quarter. Quest Partners LLC now owns 2,520 shares of the company's stock worth $59,000 after buying an additional 817 shares during the period. Finally, Global Retirement Partners LLC grew its stake in Semler Scientific by 62.5% in the fourth quarter. Global Retirement Partners LLC now owns 1,300 shares of the company's stock valued at $70,000 after acquiring an additional 500 shares during the period. Institutional investors own 49.37% of the company's stock.

Semler Scientific Price Performance

Shares of SMLR traded down $0.66 during midday trading on Friday, hitting $33.40. The stock had a trading volume of 153,077 shares, compared to its average volume of 388,138. The company has a 50 day simple moving average of $43.29 and a two-hundred day simple moving average of $44.94. Semler Scientific, Inc. has a twelve month low of $20.88 and a twelve month high of $81.56. The firm has a market cap of $320.53 million, a price-to-earnings ratio of 6.71 and a beta of 1.29.

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

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital increased their target price on Semler Scientific from $40.00 to $71.00 and gave the stock a "buy" rating in a research note on Friday, January 24th.

Semler Scientific Company 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.