Insider Selling: HMS Holdings Corp (HMSY) COO Sells 87,575 Shares of Stock

HMS Holdings Corp (NASDAQ:HMSY) COO Semone Neuman sold 87,575 shares of the firm’s stock in a transaction that occurred on Thursday, November 29th. The stock was sold at an average price of $34.40, for a total transaction of $3,012,580.00. Following the completion of the transaction, the chief operating officer now directly owns 150,669 shares in the company, valued at approximately $5,183,013.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Semone Neuman also recently made the following trade(s):

  • On Tuesday, November 27th, Semone Neuman sold 77,881 shares of HMS stock. The stock was sold at an average price of $34.16, for a total transaction of $2,660,414.96.
  • On Wednesday, November 21st, Semone Neuman sold 44,171 shares of HMS stock. The stock was sold at an average price of $35.26, for a total transaction of $1,557,469.46.

Shares of NASDAQ:HMSY opened at $35.74 on Monday. The company has a current ratio of 4.04, a quick ratio of 4.04 and a debt-to-equity ratio of 0.37. HMS Holdings Corp has a 1-year low of $14.88 and a 1-year high of $38.15. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 83.12, a PEG ratio of 3.83 and a beta of 1.32.

HMS (NASDAQ:HMSY) last issued its quarterly earnings results on Friday, November 2nd. The business services provider reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.10. HMS had a net margin of 8.01% and a return on equity of 10.63%. The business had revenue of $154.20 million for the quarter, compared to the consensus estimate of $140.93 million. During the same quarter in the previous year, the firm earned $0.19 earnings per share. The company’s revenue for the quarter was up 22.7% on a year-over-year basis. On average, equities research analysts predict that HMS Holdings Corp will post 0.85 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of the business. BlackRock Inc. lifted its holdings in HMS by 5.2% during the third quarter. BlackRock Inc. now owns 12,188,633 shares of the business services provider’s stock valued at $399,909,000 after purchasing an additional 604,884 shares in the last quarter. Vanguard Group Inc. lifted its holdings in HMS by 2.7% during the third quarter. Vanguard Group Inc. now owns 8,382,915 shares of the business services provider’s stock valued at $275,045,000 after purchasing an additional 216,531 shares in the last quarter. Standard Life Aberdeen plc lifted its holdings in HMS by 45.5% during the third quarter. Standard Life Aberdeen plc now owns 1,542,251 shares of the business services provider’s stock valued at $50,578,000 after purchasing an additional 482,126 shares in the last quarter. Northern Trust Corp lifted its holdings in HMS by 1.4% during the second quarter. Northern Trust Corp now owns 1,133,001 shares of the business services provider’s stock valued at $24,495,000 after purchasing an additional 15,596 shares in the last quarter. Finally, Teachers Advisors LLC lifted its holdings in HMS by 0.6% during the third quarter. Teachers Advisors LLC now owns 861,624 shares of the business services provider’s stock valued at $28,270,000 after purchasing an additional 5,450 shares in the last quarter. 96.36% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts recently issued reports on HMSY shares. BidaskClub raised shares of HMS from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 7th. First Analysis raised shares of HMS from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $31.00 to $38.00 in a report on Sunday, November 4th. Leerink Swann raised their price objective on shares of HMS from $25.00 to $35.00 and gave the stock an “outperform” rating in a report on Monday, August 6th. Zacks Investment Research raised shares of HMS from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a report on Thursday, August 9th. Finally, Citigroup raised shares of HMS from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $25.00 to $35.00 in a report on Monday, August 6th. Three analysts have rated the stock with a hold rating, six have given a buy rating and three have assigned a strong buy rating to the company’s stock. HMS currently has an average rating of “Buy” and an average price target of $33.90.

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HMS Company Profile

HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. It provides coordination of benefits services to government and commercial healthcare payers and sponsors to coordinate benefits for claims; and payment integrity services that ensure healthcare claims billed are accurate and appropriate, as well as offers care management and consumer engagement solutions.

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Insider Buying and Selling by Quarter for HMS (NASDAQ:HMSY)

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