HMS Holdings Corp. (HMSY): This May Not Have Been Coincidental

HMS Holdings Corp. (NASDAQ:HMSY) recovered 94.22% of its value since hitting low of $14.88. The recent move of -3.18% drop pushed the stock to close at $28.9 when trading ended on 01/11/2019. At recent session, the prices were hovering between $28.83 and $29.99. This company shares are 28.03% off its target price of $37 and the current market capitalization stands at $2.5B. The recent change has given its price a -10.96% deficit over SMA 50 and -24.25% deficit over its 52-week high. The stock witnessed -16.57% declines, -6.38% declines and 19.77% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found HMSY’s volatility during a week at 3.98% and during a month it has been found around 4.85%.

HMS Holdings Corp. (HMSY) Top Holders

Institutional investors currently hold around $2.3 billion or 0% in HMSY stock. Look at its top three institutional owners. Blackrock Inc. owns $352.25 million in HMS Holdings Corp., which represents roughly 14.09% of the company’s market cap and approximately 15.3% of the institutional ownership. Similar statistics are true for the second largest owner, Wellington Management Group Llp, which owns 10,213,196 shares of the stock are valued at $295.16 million. The third largest holder is Vanguard Group Inc, which currently holds $242.27 million worth of this stock and that ownership represents nearly 9.69% of its market capitalization.

HMS Holdings Corp. 13F Filings

At the end of September reporting period, 115 institutional holders increased their position in HMS Holdings Corp. (NASDAQ:HMSY) by some 7,820,565 shares, 121 decreased positions by 8,202,507 and 26 held positions by 63,672,184. That puts total institutional holdings at 79,695,256 shares, according to SEC filings. The stock grabbed 46 new institutional investments totaling 2,730,842 shares while 21 institutional investors sold out their entire positions totaling 541,818 shares.

HMS Holdings Corp. (NASDAQ:HMSY) Insider Trades

Multiple company employees have indulged in significant insider trading. HMS Holdings Corp. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Miller Iii William F has sold 5,100 shares of HMS Holdings Corp. (HMSY) in trading session dated Dec. 14, 2018. These shares are worth $165,444 and were traded at $32.44 each. The SEC filing shows that Williams Douglas M. performed a sale of 18,238 shares. The President, Markets and Product disposed these shares by way of transaction on Dec. 14, 2018. The company’s shares were given away at $34.62 per share worth to an income of some $631,400 on account of Williams Douglas M..

Chairman, President and CEO, Lucia William C, sold 12,174 common shares of HMS Holdings Corp. (HMSY) in the open market. In a transaction dated Dec. 13, 2018, the shares were put up for sale at an average price of $34.72, raking in a sum of $422,681. After this sale, 763,134 common shares of HMSY are directly owned by the insider, with total stake valued at $22,054,573.

In the transaction dated Dec. 13, 2018, the great number of shares disposed came courtesy the EVP, CFO, and Treasurer; Sherman Jeffrey Scott disposed a total of 11,502 shares at an average price of $34.75, amounting to approximately $399,695. The insider now directly owns 178,804 shares worth $5,167,436.

HMS Holdings Corp. (HMSY) Analyst Guide

Several analysts have released their opinion on HMS Holdings Corp. (NASDAQ:HMSY), with 7 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.77 average brokerage recommendation.