Viemed Healthcare, Inc. (NASDAQ:VMD) Director Sells $336,502.08 in Stock

Viemed Healthcare, Inc. (NASDAQ:VMD) Director Randy E. Dobbs sold 36,261 shares of Viemed Healthcare stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $9.28, for a total value of $336,502.08. Following the sale, the director now owns 107,706 shares in the company, valued at $999,511.68. The trade was a 25.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Viemed Healthcare Trading Down 2.3 %

Shares of Viemed Healthcare stock opened at $8.85 on Friday. Viemed Healthcare, Inc. has a 52-week low of $6.21 and a 52-week high of $10.44. The stock’s 50-day simple moving average is $8.37 and its 200 day simple moving average is $7.54. The stock has a market capitalization of $344.59 million, a P/E ratio of 32.78 and a beta of 1.43. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.19 and a current ratio of 1.31.

Viemed Healthcare (NASDAQ:VMD) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.02. Viemed Healthcare had a return on equity of 8.72% and a net margin of 4.87%. The firm had revenue of $58.00 million for the quarter.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. National Bank of Canada FI boosted its stake in Viemed Healthcare by 91.2% in the third quarter. National Bank of Canada FI now owns 3,346 shares of the company’s stock worth $25,000 after buying an additional 1,596 shares in the last quarter. Evernest Financial Advisors LLC purchased a new stake in Viemed Healthcare in the second quarter worth approximately $66,000. Perkins Coie Trust Co purchased a new stake in Viemed Healthcare in the third quarter worth approximately $73,000. PDT Partners LLC purchased a new stake in Viemed Healthcare in the third quarter worth approximately $78,000. Finally, Victory Capital Management Inc. boosted its stake in Viemed Healthcare by 21.1% in the second quarter. Victory Capital Management Inc. now owns 12,791 shares of the company’s stock worth $84,000 after buying an additional 2,226 shares in the last quarter. Hedge funds and other institutional investors own 74.24% of the company’s stock.

About Viemed Healthcare

Viemed Healthcare, Inc, together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD.