Virtu Financial LLC Buys Shares of 6,702 Semler Scientific, Inc. (NASDAQ:SMLR)

Virtu Financial LLC purchased a new position in shares of Semler Scientific, Inc. (NASDAQ:SMLR) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 6,702 shares of the company’s stock, valued at approximately $362,000.

A number of other hedge funds also recently modified their holdings of SMLR. Jones Financial Companies Lllp bought a new position in Semler Scientific during the fourth quarter valued at $34,000. Larson Financial Group LLC purchased a new position in shares of Semler Scientific during the 4th quarter valued at $38,000. IFP Advisors Inc bought a new position in shares of Semler Scientific during the 4th quarter worth $54,000. Quest Partners LLC increased its holdings in Semler Scientific by 48.0% in the 3rd quarter. Quest Partners LLC now owns 2,520 shares of the company’s stock worth $59,000 after acquiring an additional 817 shares during the last quarter. Finally, Global Retirement Partners LLC raised its stake in Semler Scientific by 62.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,300 shares of the company’s stock valued at $70,000 after acquiring an additional 500 shares during the period. Institutional investors own 49.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital increased their target price on shares of Semler Scientific from $40.00 to $71.00 and gave the stock a “buy” rating in a research report on Friday, January 24th.

Semler Scientific Trading Down 6.6 %

Semler Scientific stock opened at $39.57 on Thursday. The firm has a 50 day simple moving average of $46.45 and a 200 day simple moving average of $44.58. Semler Scientific, Inc. has a 1-year low of $20.88 and a 1-year high of $81.56. The firm has a market capitalization of $379.75 million, a price-to-earnings ratio of 8.06 and a beta of 1.33.

Semler Scientific (NASDAQ:SMLR) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $3.41 earnings per share for the quarter, beating the consensus estimate of $0.20 by $3.21. Semler Scientific had a return on equity of 50.77% and a net margin of 72.65%. The company had revenue of $12.41 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.