Victory Capital Management Inc. lessened its stake in Semler Scientific, Inc. (NASDAQ:SMLR - Free Report) by 66.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,386 shares of the company's stock after selling 12,912 shares during the period. Victory Capital Management Inc. owned approximately 0.07% of Semler Scientific worth $345,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in SMLR. Jones Financial Companies Lllp bought a new position in shares of Semler Scientific during the fourth quarter valued at about $34,000. IFP Advisors Inc purchased a new stake in Semler Scientific in the 4th quarter worth approximately $54,000. Quest Partners LLC grew its position in shares of Semler Scientific by 48.0% in 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 last quarter. Global Retirement Partners LLC increased its position in Semler Scientific by 62.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,300 shares of the company's stock valued at $70,000 after purchasing an additional 500 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in Semler Scientific in the third quarter worth about $104,000. Institutional investors own 49.37% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, Lake Street Capital raised their target price on Semler Scientific from $40.00 to $71.00 and gave the company a "buy" rating in a research note on Friday, January 24th.
Read Our Latest Research Report on SMLR
Semler Scientific Stock Down 6.6 %
Shares of NASDAQ:SMLR traded down $2.81 during midday trading on Wednesday, reaching $39.57. The company's stock had a trading volume of 275,620 shares, compared to its average volume of 381,616. The firm has a 50 day moving average of $46.78 and a 200-day moving average of $44.62. The firm has a market capitalization of $379.75 million, a P/E ratio of 8.06 and a beta of 1.33. Semler Scientific, Inc. has a 12-month low of $20.88 and a 12-month high of $81.56.
Semler Scientific (NASDAQ:SMLR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $3.41 earnings per share for the quarter, topping 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 for the quarter.
Semler Scientific Profile
(
Free Report)
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.
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