Virtu Financial LLC Buys Shares of 6,702 Semler Scientific, Inc. (NASDAQ:SMLR)

Virtu Financial LLC acquired a new position in Semler Scientific, Inc. (NASDAQ:SMLR - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,702 shares of the company's stock, valued at approximately $362,000. Virtu Financial LLC owned 0.07% of Semler Scientific as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Victory Capital Management Inc. increased its stake in shares of Semler Scientific by 202.2% in the 3rd quarter. Victory Capital Management Inc. now owns 19,298 shares of the company's stock valued at $454,000 after purchasing an additional 12,912 shares in the last quarter. Quest Partners LLC increased its position in shares of Semler Scientific by 48.0% in the third quarter. Quest Partners LLC now owns 2,520 shares of the company's stock valued at $59,000 after buying an additional 817 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Semler Scientific by 9.8% during the 3rd 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. Crawford Fund Management LLC acquired a new stake in Semler Scientific in the 3rd quarter valued at $883,000. Finally, Verition Fund Management LLC purchased a new stake in Semler Scientific in the 3rd quarter worth $251,000. 49.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital boosted their target price on shares of 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 Down 0.2 %

Shares of Semler Scientific stock traded down $0.06 during mid-day trading on Friday, reaching $36.86. 258,702 shares of the stock traded hands, compared to its average volume of 387,321. Semler Scientific, Inc. has a fifty-two week low of $20.88 and a fifty-two week high of $81.56. The stock has a market capitalization of $353.75 million, a PE ratio of 7.51 and a beta of 1.33. The business has a 50-day moving average of $45.47 and a 200 day moving average of $44.92.

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

Semler Scientific 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.