Shariaportfolio Inc. Has $8.66 Million Holdings in Semler Scientific, Inc. (NASDAQ:SMLR)

Shariaportfolio Inc. raised its position in shares of Semler Scientific, Inc. (NASDAQ:SMLR - Free Report) by 4.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 160,453 shares of the company's stock after purchasing an additional 6,837 shares during the period. Semler Scientific accounts for approximately 4.1% of Shariaportfolio Inc.'s holdings, making the stock its 7th biggest position. Shariaportfolio Inc. owned approximately 1.73% of Semler Scientific worth $8,664,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC raised its holdings in shares of Semler Scientific by 62.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,300 shares of the company's stock valued at $70,000 after buying an additional 500 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in Semler Scientific by 13.2% in the 4th quarter. Sanctuary Advisors LLC now owns 5,012 shares of the company's stock worth $261,000 after buying an additional 584 shares in the last quarter. Principal Financial Group Inc. increased its position in Semler Scientific by 633.1% in the 4th quarter. Principal Financial Group Inc. now owns 112,487 shares of the company's stock valued at $6,074,000 after acquiring an additional 97,144 shares during the period. Deltec Asset Management LLC bought a new stake in Semler Scientific during the 4th quarter valued at $2,462,000. Finally, Exchange Traded Concepts LLC raised its stake in Semler Scientific by 345.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 61,396 shares of the company's stock valued at $3,315,000 after acquiring an additional 47,625 shares in the last quarter. Institutional investors own 49.37% of the company's stock.

Semler Scientific Stock Down 7.5 %

Shares of NASDAQ:SMLR traded down $3.28 on Thursday, reaching $40.63. The company had a trading volume of 336,127 shares, compared to its average volume of 360,593. The stock has a market capitalization of $376.52 million, a P/E ratio of 8.27 and a beta of 1.17. The stock has a 50-day moving average price of $54.75 and a 200 day moving average price of $43.16. Semler Scientific, Inc. has a twelve month low of $20.88 and a twelve month high of $81.56.

Semler Scientific (NASDAQ:SMLR - Get Free Report) last released its 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 return on equity of 50.77% and a net margin of 72.65%. The firm had revenue of $12.41 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital boosted their price target 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 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.