HealthEquity Inc. (HQY) Insider Stephen Neeleman Sells 30,000 Shares

HealthEquity Inc. (NASDAQ:HQY) insider Stephen Neeleman sold 30,000 shares of the company’s stock in a transaction dated Thursday, October 13th. The shares were sold at an average price of $36.19, for a total transaction of $1,085,700.00. Following the completion of the sale, the insider now owns 30,000 shares in the company, valued at approximately $1,085,700. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Stephen Neeleman also recently made the following trade(s):

  • On Tuesday, September 13th, Stephen Neeleman sold 30,000 shares of HealthEquity stock. The shares were sold at an average price of $33.22, for a total transaction of $996,600.00.
  • On Tuesday, August 23rd, Stephen Neeleman sold 9,898 shares of HealthEquity stock. The shares were sold at an average price of $30.28, for a total transaction of $299,711.44.
  • On Thursday, August 18th, Stephen Neeleman sold 102 shares of HealthEquity stock. The stock was sold at an average price of $30.00, for a total transaction of $3,060.00.

Shares of HealthEquity Inc. (NASDAQ:HQY) opened at 36.75 on Tuesday. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of 94.23 and a beta of 1.61. The firm has a 50 day moving average of $35.73 and a 200 day moving average of $29.64. HealthEquity Inc. has a 52 week low of $15.80 and a 52 week high of $38.80.

HealthEquity (NASDAQ:HQY) last posted its quarterly earnings results on Tuesday, September 6th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. The company had revenue of $44.20 million for the quarter. HealthEquity had a net margin of 15.21% and a return on equity of 10.89%. The business’s revenue for the quarter was up 44.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.08 earnings per share. Equities analysts predict that HealthEquity Inc. will post $0.51 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for HealthEquity (NASDAQ:HQY)

Several equities research analysts recently weighed in on HQY shares. Raymond James Financial Inc. increased their price objective on shares of HealthEquity from $32.00 to $40.00 and gave the stock an “outperform” rating in a research note on Monday, September 12th. Wells Fargo & Co. reiterated a “buy” rating on shares of HealthEquity in a research note on Wednesday, June 22nd. Barrington Research increased their price objective on shares of HealthEquity from $34.00 to $38.00 and gave the stock an “outperform” rating in a research note on Thursday, September 8th. Zacks Investment Research lowered shares of HealthEquity from a “buy” rating to a “hold” rating in a research note on Friday, September 9th. Finally, Robert W. Baird increased their price objective on shares of HealthEquity from $31.00 to $35.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 7th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. HealthEquity currently has an average rating of “Buy” and a consensus target price of $36.00.

A number of hedge funds have recently bought and sold shares of the company. DORCHESTER WEALTH MANAGEMENT Co bought a new stake in HealthEquity during the third quarter valued at about $454,000. Capstone Asset Management Co. raised its stake in HealthEquity by 18.5% in the third quarter. Capstone Asset Management Co. now owns 12,680 shares of the company’s stock valued at $480,000 after buying an additional 1,980 shares in the last quarter. Macquarie Group Ltd. bought a new stake in HealthEquity during the second quarter valued at about $2,309,000. Mason Street Advisors LLC bought a new stake in HealthEquity during the second quarter valued at about $210,000. Finally, Public Employees Retirement System of Ohio raised its stake in HealthEquity by 10.4% in the second quarter. Public Employees Retirement System of Ohio now owns 158,629 shares of the company’s stock valued at $4,820,000 after buying an additional 15,000 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

HealthEquity Company Profile

HealthEquity, Inc provides a range of solutions for managing healthcare accounts (Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs) and Flexible Spending Accounts (FSAs)) for health plans, insurance companies and third-party administrators. The Company is engaged in technology-enabled services platforms that allow consumers to make healthcare saving and spending decisions.

5 Day Chart for NASDAQ:HQY

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