Darcy G. Mott Sells 4,000 Shares of Healthequity Inc (NASDAQ:HQY) Stock

Healthequity Inc (NASDAQ:HQY) CFO Darcy G. Mott sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $60.82, for a total value of $243,280.00. Following the transaction, the chief financial officer now owns 50,100 shares in the company, valued at $3,047,082. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

HQY stock traded down $0.65 during trading on Thursday, reaching $60.66. 838,700 shares of the stock were exchanged, compared to its average volume of 975,440. Healthequity Inc has a twelve month low of $50.29 and a twelve month high of $101.58. The company has a market capitalization of $3.83 billion, a P/E ratio of 63.85, a price-to-earnings-growth ratio of 3.00 and a beta of 1.47. The stock has a 50 day simple moving average of $72.38 and a 200-day simple moving average of $72.17. The company has a current ratio of 15.60, a quick ratio of 15.59 and a debt-to-equity ratio of 0.07.

Healthequity (NASDAQ:HQY) last released its earnings results on Tuesday, June 4th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.11. Healthequity had a return on equity of 14.17% and a net margin of 30.60%. The business had revenue of $87.05 million for the quarter, compared to the consensus estimate of $83.98 million. Equities analysts predict that Healthequity Inc will post 1.01 EPS for the current year.



A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. set a $80.00 price objective on Healthequity and gave the stock an “overweight” rating in a research note on Wednesday, June 5th. BidaskClub lowered Healthequity from a “buy” rating to a “hold” rating in a research note on Wednesday, August 14th. Citigroup reiterated a “buy” rating on shares of Healthequity in a research note on Friday, June 28th. Raymond James lifted their price objective on Healthequity from $85.00 to $90.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Finally, Zacks Investment Research upgraded Healthequity from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 21st. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Healthequity has a consensus rating of “Buy” and a consensus price target of $87.92.

A number of hedge funds have recently added to or reduced their stakes in the stock. Municipal Employees Retirement System of Michigan boosted its holdings in Healthequity by 1.4% during the second quarter. Municipal Employees Retirement System of Michigan now owns 10,040 shares of the company’s stock valued at $657,000 after purchasing an additional 140 shares in the last quarter. Signaturefd LLC boosted its stake in Healthequity by 24.3% in the first quarter. Signaturefd LLC now owns 803 shares of the company’s stock valued at $59,000 after acquiring an additional 157 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Healthequity by 0.9% in the first quarter. Oregon Public Employees Retirement Fund now owns 21,721 shares of the company’s stock valued at $1,607,000 after acquiring an additional 190 shares during the last quarter. Zions Bancorporation N.A. boosted its stake in Healthequity by 6.0% in the second quarter. Zions Bancorporation N.A. now owns 3,792 shares of the company’s stock valued at $248,000 after acquiring an additional 216 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its stake in Healthequity by 72.7% in the first quarter. Global Retirement Partners LLC now owns 556 shares of the company’s stock valued at $41,000 after acquiring an additional 234 shares during the last quarter. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Healthequity Company Profile

HealthEquity, Inc provides various solutions for managing health care accounts, health reimbursement arrangements, and flexible spending accounts for health plans, insurance companies, and third-party administrators in the United States. The company offers healthcare saving and spending platform, a cloud-based platform for individuals to make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts.

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

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