TimesSquare Capital Management LLC grew its stake in shares of Healthequity Inc (NASDAQ:HQY) by 33.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 644,535 shares of the company’s stock after buying an additional 161,335 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Healthequity were worth $30,074,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Zions Bancorporation acquired a new position in shares of Healthequity during the third quarter valued at about $119,000. Catalyst Capital Advisors LLC acquired a new position in shares of Healthequity during the fourth quarter valued at about $149,000. CIBC Asset Management Inc acquired a new position in shares of Healthequity during the third quarter valued at about $208,000. Exane Derivatives raised its holdings in shares of Healthequity by 78.6% during the fourth quarter. Exane Derivatives now owns 4,682 shares of the company’s stock valued at $218,000 after purchasing an additional 2,060 shares during the period. Finally, Private Advisor Group LLC acquired a new position in shares of Healthequity during the third quarter valued at about $241,000. Hedge funds and other institutional investors own 99.25% of the company’s stock.
Shares of Healthequity Inc (NASDAQ HQY) opened at $59.56 on Friday. The company has a market cap of $3,613.68, a PE ratio of 85.09, a PEG ratio of 2.27 and a beta of 1.46. Healthequity Inc has a 52-week low of $37.62 and a 52-week high of $59.99.
In other news, VP Darcy G. Mott sold 9,500 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $55.19, for a total transaction of $524,305.00. Following the completion of the sale, the vice president now directly owns 102,500 shares of the company’s stock, valued at $5,656,975. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Delano Ladd sold 26,405 shares of the business’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $43.32, for a total transaction of $1,143,864.60. Following the sale, the executive vice president now directly owns 16,692 shares of the company’s stock, valued at $723,097.44. The disclosure for this sale can be found here. Over the last three months, insiders have sold 688,137 shares of company stock valued at $35,637,141. 29.00% of the stock is currently owned by insiders.
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.
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