Thames Capital Management LLC Buys Shares of 119,722 Semler Scientific, Inc. (NASDAQ:SMLR)

Thames Capital Management LLC acquired a new stake in shares of Semler Scientific, Inc. (NASDAQ:SMLR - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 119,722 shares of the company's stock, valued at approximately $6,465,000. Semler Scientific makes up about 1.8% of Thames Capital Management LLC's holdings, making the stock its 25th biggest position. Thames Capital Management LLC owned 1.29% of Semler Scientific at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN grew its holdings in shares of Semler Scientific by 618.3% during the fourth quarter. Wells Fargo & Company MN now owns 103,465 shares of the company's stock valued at $5,587,000 after buying an additional 89,060 shares in the last quarter. Geode Capital Management LLC boosted its position in Semler Scientific by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 140,423 shares of the company's stock worth $7,584,000 after acquiring an additional 4,464 shares during the period. Level Four Advisory Services LLC purchased a new position in Semler Scientific during the 4th quarter valued at about $640,000. X Square Capital LLC acquired a new position in shares of Semler Scientific in the 4th quarter valued at about $1,243,000. Finally, LPL Financial LLC lifted its position in shares of Semler Scientific by 25.3% in the fourth quarter. LPL Financial LLC now owns 110,633 shares of the company's stock worth $5,974,000 after purchasing an additional 22,305 shares in the last quarter. 49.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Semler Scientific Stock Performance

Shares of NASDAQ SMLR traded down $0.10 during mid-day trading on Friday, reaching $32.54. The company had a trading volume of 54,819 shares, compared to its average volume of 392,827. Semler Scientific, Inc. has a twelve month low of $20.88 and a twelve month high of $81.56. The stock's 50 day moving average is $40.69 and its 200-day moving average is $45.40. The stock has a market capitalization of $312.24 million, a PE ratio of 6.65 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 the consensus estimate of $0.20 by $3.21. Semler Scientific had a return on equity of 50.77% and a net margin of 72.65%. The business had revenue of $12.41 million during the quarter.

About Semler Scientific

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.