Hillsdale Investment Management Inc. Sells 500 Shares of Semler Scientific, Inc. (NASDAQ:SMLR)

Hillsdale Investment Management Inc. trimmed its stake in Semler Scientific, Inc. (NASDAQ:SMLR) by 10.4% during the first quarter, HoldingsChannel.com reports. The fund owned 4,300 shares of the company’s stock after selling 500 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Semler Scientific were worth $126,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. LSV Asset Management boosted its stake in shares of Semler Scientific by 58.0% in the 1st quarter. LSV Asset Management now owns 252,887 shares of the company’s stock valued at $7,387,000 after purchasing an additional 92,851 shares in the last quarter. Acadian Asset Management LLC boosted its position in Semler Scientific by 68.2% in the first quarter. Acadian Asset Management LLC now owns 165,876 shares of the company’s stock valued at $4,843,000 after buying an additional 67,282 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in Semler Scientific by 128.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 58,560 shares of the company’s stock worth $2,594,000 after buying an additional 32,921 shares during the last quarter. Conestoga Capital Advisors LLC increased its holdings in shares of Semler Scientific by 4.2% during the fourth quarter. Conestoga Capital Advisors LLC now owns 30,499 shares of the company’s stock worth $1,351,000 after buying an additional 1,230 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in shares of Semler Scientific in the first quarter valued at approximately $700,000. 49.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Lake Street Capital upgraded Semler Scientific to a “strong-buy” rating in a research report on Wednesday, May 8th.

Semler Scientific Price Performance

Shares of NASDAQ:SMLR traded up $0.72 during midday trading on Monday, reaching $34.25. The company’s stock had a trading volume of 361,790 shares, compared to its average volume of 197,092. The business’s fifty day simple moving average is $31.77 and its 200-day simple moving average is $34.85. Semler Scientific, Inc. has a fifty-two week low of $20.88 and a fifty-two week high of $53.38. The company has a market capitalization of $242.15 million, a P/E ratio of 12.28 and a beta of 1.01.

Semler Scientific (NASDAQ:SMLR) last posted its quarterly earnings data on Tuesday, May 7th. The company reported $0.78 earnings per share for the quarter. Semler Scientific had a net margin of 32.92% and a return on equity of 30.36%. The firm had revenue of $15.90 million during the quarter.

Semler Scientific Company 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.