Semler Scientific, Inc. (NASDAQ:SMLR) Shares Bought by LPL Financial LLC

LPL Financial LLC grew its position in Semler Scientific, Inc. (NASDAQ:SMLR - Free Report) by 25.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 110,633 shares of the company's stock after acquiring an additional 22,305 shares during the quarter. LPL Financial LLC owned about 1.19% of Semler Scientific worth $5,974,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Semler Scientific by 9.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 43,823 shares of the company's stock worth $1,032,000 after buying an additional 3,925 shares during the period. Verition Fund Management LLC acquired a new stake in Semler Scientific during the 3rd quarter worth approximately $251,000. State Street Corp increased its stake in shares of 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 acquiring an additional 725 shares during the period. Jane Street Group LLC raised its holdings in Semler Scientific by 72.3% during the third quarter. Jane Street Group LLC now owns 16,982 shares of the company's stock worth $400,000 after purchasing an additional 7,126 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Semler Scientific by 10.5% in the third quarter. Geode Capital Management LLC now owns 135,959 shares of the company's stock valued at $3,202,000 after purchasing an additional 12,964 shares during the period. 49.37% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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 Stock Performance

NASDAQ:SMLR traded up $1.13 during trading hours on Friday, hitting $33.76. The company's stock had a trading volume of 156,973 shares, compared to its average volume of 394,645. Semler Scientific, Inc. has a 52-week low of $20.88 and a 52-week high of $81.56. The business's 50-day moving average is $40.34 and its two-hundred day moving average is $45.48. The company has a market capitalization of $323.99 million, a PE ratio of 6.88 and a beta of 1.29.

Semler Scientific (NASDAQ:SMLR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $3.41 earnings per share (EPS) 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.

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.