Healthstream (HSTM) Holder Conestoga Capital Advisors Decreased Its Holding by $6.79 Million; As Red Hat (RHT) Shares Rose, Hartwell J M Limited Partnership Has Raised by $682,420 Its Position

June 14, 2018 - By Michael Collier

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Hartwell J M Limited Partnership increased its stake in Red Hat Inc (RHT) by 83.27% based on its latest 2018Q1 regulatory filing with the SEC. Hartwell J M Limited Partnership bought 4,580 shares as the company’s stock rose 11.53% while stock markets declined. The hedge fund held 10,080 shares of the technology company at the end of 2018Q1, valued at $1.51M, up from 5,500 at the end of the previous reported quarter. Hartwell J M Limited Partnership who had been investing in Red Hat Inc for a number of months, seems to be bullish on the $31.16 billion market cap company. The stock increased 0.79% or $1.37 during the last trading session, reaching $175.4. About 888,268 shares traded. Red Hat, Inc. (NYSE:RHT) has risen 85.99% since June 14, 2017 and is uptrending. It has outperformed by 73.42% the S&P500. Some Historical RHT News: 07/05/2018 – Red Hat Appoints Alfred W. Zollar to Its Bd of Directors; 27/03/2018 – Tech Today: Zuck’s Parliament Fail, Cheers for Lam Research, Red Hat Targets Soar — Barron’s Blog; 22/05/2018 – Red Hat Hyperconverged Infrastructure for Cloud Bridges Datacenters and Edge Deployments; 22/05/2018 – Red Hat Helps Power Tata Communications’ IZO™ Private Cloud with OpenShift and OpenStack; 26/03/2018 – RED HAT CFO – ALSO RELATED TO THE U.S TAX REFORM, REPATRIATED $486 MLN OF FOREIGN EARNINGS – CONF CALL; 08/05/2018 – Red Hat Brings Cloud-Native Capabilities to Software Partner Ecosystem with Kubernetes Operators; 26/03/2018 – RED HAT 4Q ADJ EPS 91C, EST. 81C; 26/03/2018 – RED HAT INC RHT.N FY2019 SHR VIEW $3.34, REV VIEW $3.37 BLN — THOMSON REUTERS l/B/E/S; 07/05/2018 – Growing Number of Organizations Around the World Choose Red Hat Container-Native Storage with Red Hat OpenShift Container; 20/03/2018 – Trilio Joins Red Hat Connect for Technology Partner Program, Achieves Certification for Red Hat OpenStack Platform

Conestoga Capital Advisors Llc decreased its stake in Healthstream Inc (HSTM) by 16.12% based on its latest 2018Q1 regulatory filing with the SEC. Conestoga Capital Advisors Llc sold 282,960 shares as the company’s stock rose 15.62% while stock markets declined. The institutional investor held 1.47M shares of the technology company at the end of 2018Q1, valued at $36.55M, down from 1.76 million at the end of the previous reported quarter. Conestoga Capital Advisors Llc who had been investing in Healthstream Inc for a number of months, seems to be less bullish one the $900.27 million market cap company. The stock decreased 3.06% or $0.88 during the last trading session, reaching $27.87. About 155,163 shares traded or 13.52% up from the average. HealthStream, Inc. (NASDAQ:HSTM) has risen 0.84% since June 14, 2017 and is uptrending. It has underperformed by 11.73% the S&P500. Some Historical HSTM News: 25/05/2018 – HealthStream to Continue Holding Annual Advisory Say-on-Pay Shareholder Vote; 30/04/2018 – HealthStream 1Q EPS 74c; 16/05/2018 – HealthStream Announces The Promotion Of Chief Operating Officer J. Edward Pearson To President

Among 11 analysts covering Healthstream (NASDAQ:HSTM), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Healthstream had 25 analyst reports since July 22, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, August 4 by Zacks. Needham maintained the shares of HSTM in report on Wednesday, July 26 with “Buy” rating. The rating was maintained by Robert W. Baird with “Outperform” on Wednesday, October 25. First Analysis upgraded the shares of HSTM in report on Wednesday, July 26 to “Equal-Weight” rating. The stock of HealthStream, Inc. (NASDAQ:HSTM) has “Outperform” rating given on Tuesday, March 29 by FBR Capital. The rating was maintained by Canaccord Genuity with “Hold” on Friday, October 6. The rating was initiated by Raymond James with “Market Perform” on Monday, August 3. First Analysis downgraded it to “Underweight” rating and $18 target in Monday, January 23 report. On Monday, July 24 the stock rating was maintained by Cantor Fitzgerald with “Hold”. As per Wednesday, December 30, the company rating was initiated by Sidoti.

Since February 23, 2018, it had 0 insider purchases, and 11 insider sales for $3.55 million activity. The insider HARRIS C MARTIN sold $14,504. On Friday, February 23 the insider Doster Jeffrey sold $245,659. $369,380 worth of HealthStream, Inc. (NASDAQ:HSTM) was sold by HAYDEN GERARD M JR on Wednesday, March 14. $401,551 worth of HealthStream, Inc. (NASDAQ:HSTM) was sold by Sousa Michael. Taylor Tate Deborah also sold $291,799 worth of HealthStream, Inc. (NASDAQ:HSTM) shares. 21,000 shares were sold by REBROVICK LINDA, worth $508,200.

Analysts await HealthStream, Inc. (NASDAQ:HSTM) to report earnings on July, 23. They expect $0.07 earnings per share, down 12.50% or $0.01 from last year’s $0.08 per share. HSTM’s profit will be $2.26M for 99.54 P/E if the $0.07 EPS becomes a reality. After $0.11 actual earnings per share reported by HealthStream, Inc. for the previous quarter, Wall Street now forecasts -36.36% negative EPS growth.

More recent HealthStream, Inc. (NASDAQ:HSTM) news were published by: Benzinga.com which released: “31 Stocks Moving In Thursday’s Mid-Day Session” on June 14, 2018. Also Benzinga.com published the news titled: “Matthew Gillmore” on June 14, 2018. Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For June 14, 2018” with publication date: June 14, 2018 was also an interesting one.

Conestoga Capital Advisors Llc, which manages about $1.75B and $2.61 billion US Long portfolio, upped its stake in Donaldson Inc (NYSE:DCI) by 10,050 shares to 31,517 shares, valued at $1.42 million in 2018Q1, according to the filing. It also increased its holding in Chefs Whse Inc (NASDAQ:CHEF) by 316,419 shares in the quarter, for a total of 1.04M shares, and has risen its stake in Cotiviti Hldgs Inc.

Investors sentiment increased to 1.48 in 2018 Q1. Its up 0.26, from 1.22 in 2017Q4. It improved, as 10 investors sold HSTM shares while 36 reduced holdings. 22 funds opened positions while 46 raised stakes. 22.77 million shares or 0.59% more from 22.64 million shares in 2017Q4 were reported. Lee Danner Bass accumulated 13,600 shares or 0.04% of the stock. Eqis Mgmt Incorporated reported 0.02% stake. Thrivent For Lutherans has 28,926 shares. Oppenheimer Asset Mgmt Inc reported 34,726 shares. State Common Retirement Fund has invested 0% of its portfolio in HealthStream, Inc. (NASDAQ:HSTM). Acadian Asset Mgmt Ltd Liability owns 12,219 shares or 0% of their US portfolio. Royal Bankshares Of Canada invested 0% in HealthStream, Inc. (NASDAQ:HSTM). Wealthtrust has invested 0.01% of its portfolio in HealthStream, Inc. (NASDAQ:HSTM). Secor Cap Advsrs Limited Partnership has invested 0.18% in HealthStream, Inc. (NASDAQ:HSTM). Wells Fargo & Mn has 15,860 shares. 8,456 are owned by Victory Cap Management. The Massachusetts-based Impact Advisors Ltd Liability Corporation has invested 0.68% in HealthStream, Inc. (NASDAQ:HSTM). Brown Brothers Harriman And Com has 0.26% invested in HealthStream, Inc. (NASDAQ:HSTM) for 1.81 million shares. Fifth Third Bankshares reported 2,070 shares or 0% of all its holdings. Financial Bank Of America De stated it has 363,061 shares or 0% of all its holdings.

Among 40 analysts covering Red Hat (NYSE:RHT), 29 have Buy rating, 1 Sell and 10 Hold. Therefore 73% are positive. Red Hat had 135 analyst reports since August 25, 2015 according to SRatingsIntel. On Friday, December 18 the stock rating was maintained by Mizuho with “Buy”. Piper Jaffray maintained Red Hat, Inc. (NYSE:RHT) rating on Monday, March 26. Piper Jaffray has “Hold” rating and $17000 target. Piper Jaffray maintained Red Hat, Inc. (NYSE:RHT) rating on Sunday, August 27. Piper Jaffray has “Hold” rating and $100.0 target. The stock has “Outperform” rating by RBC Capital Markets on Friday, December 18. The stock of Red Hat, Inc. (NYSE:RHT) has “Buy” rating given on Wednesday, December 20 by Barclays Capital. The stock has “Hold” rating by BMO Capital Markets on Wednesday, December 20. The stock of Red Hat, Inc. (NYSE:RHT) has “Buy” rating given on Wednesday, June 21 by BTIG Research. The firm has “Buy” rating given on Friday, August 25 by RBC Capital Markets. Stifel Nicolaus maintained it with “Buy” rating and $150.0 target in Friday, December 15 report. The rating was maintained by Barclays Capital on Tuesday, September 26 with “Overweight”.

Hartwell J M Limited Partnership, which manages about $535.54M and $533.54 million US Long portfolio, decreased its stake in Home Depot Inc. (NYSE:HD) by 25,975 shares to 131,749 shares, valued at $23.48 million in 2018Q1, according to the filing. It also reduced its holding in Cl C by 415 shares in the quarter, leaving it with 29,464 shares, and cut its stake in Nidec Corp Adr (NYSE:NJ).

More recent Red Hat, Inc. (NYSE:RHT) news were published by: Globenewswire.com which released: “Analysis: Positioning to Benefit within Ruth’s Hospitality Group, S&P Global, Shaw Communications, Leap Therapeutics …” on June 13, 2018. Also Nasdaq.com published the news titled: “You Might Not Be Too Late to the Stitch Fix Inc Stock Party” on June 09, 2018. Investorplace.com‘s news article titled: “The Top 20 Stocks of 2018” with publication date: June 12, 2018 was also an interesting one.

Red Hat, Inc. (NYSE:RHT) Institutional Positions Chart

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