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

Virtu Financial LLC acquired a new stake in shares of Semler Scientific, Inc. (NASDAQ:SMLR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,702 shares of the company’s stock, valued at approximately $362,000. Virtu Financial LLC owned about 0.07% of Semler Scientific at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Global Retirement Partners LLC boosted its stake in Semler Scientific by 62.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,300 shares of the company’s stock valued at $70,000 after purchasing an additional 500 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of Semler Scientific by 13.2% during the fourth quarter. Sanctuary Advisors LLC now owns 5,012 shares of the company’s stock valued at $261,000 after buying an additional 584 shares during the last quarter. Jones Financial Companies Lllp purchased a new position in shares of Semler Scientific during the fourth quarter valued at approximately $34,000. Larson Financial Group LLC bought a new stake in Semler Scientific during the fourth quarter worth $38,000. Finally, State Street Corp raised its position in Semler Scientific by 0.6% in the 3rd quarter. State Street Corp now owns 118,223 shares of the company’s stock valued at $2,784,000 after buying an additional 725 shares during the last quarter. 49.37% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Semler Scientific Stock Performance

Shares of SMLR stock opened at $39.57 on Thursday. The company has a market capitalization of $379.75 million, a price-to-earnings ratio of 8.06 and a beta of 1.33. Semler Scientific, Inc. has a 52-week low of $20.88 and a 52-week high of $81.56. The company has a 50-day simple moving average of $46.45 and a two-hundred day simple moving average of $44.58.

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

About Semler Scientific

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.