LSV Asset Management Boosts Stock Position in Semler Scientific, Inc. (NASDAQ:SMLR)

LSV Asset Management raised its stake in Semler Scientific, Inc. (NASDAQ:SMLR) by 10.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 160,036 shares of the company’s stock after purchasing an additional 15,490 shares during the quarter. LSV Asset Management owned 2.33% of Semler Scientific worth $7,088,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Acadian Asset Management LLC grew its position in Semler Scientific by 2.8% in the 3rd quarter. Acadian Asset Management LLC now owns 80,134 shares of the company’s stock valued at $2,031,000 after buying an additional 2,218 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Semler Scientific by 128.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 58,560 shares of the company’s stock valued at $2,594,000 after acquiring an additional 32,921 shares in the last quarter. Conestoga Capital Advisors LLC increased its stake in shares of Semler Scientific by 4.2% during the fourth quarter. Conestoga Capital Advisors LLC now owns 30,499 shares of the company’s stock worth $1,351,000 after acquiring an additional 1,230 shares during the period. Bank of New York Mellon Corp raised its holdings in Semler Scientific by 24.7% during the third quarter. Bank of New York Mellon Corp now owns 22,115 shares of the company’s stock worth $561,000 after purchasing an additional 4,387 shares in the last quarter. Finally, Trexquant Investment LP purchased a new position in shares of Semler Scientific in the third quarter valued at $345,000. Institutional investors and hedge funds own 49.37% of the company’s stock.

Wall Street Analyst Weigh In

Separately, TheStreet raised shares of Semler Scientific from a “c+” rating to a “b-” rating in a research note on Friday, March 1st.

Semler Scientific Price Performance

Shares of SMLR opened at $21.03 on Thursday. Semler Scientific, Inc. has a 1-year low of $20.88 and a 1-year high of $53.38. The firm has a 50 day simple moving average of $29.66 and a 200-day simple moving average of $37.53. The stock has a market cap of $147.84 million, a price-to-earnings ratio of 7.97 and a beta of 0.92.

Semler Scientific (NASDAQ:SMLR) last released its quarterly earnings results on Tuesday, March 5th. The company reported $0.55 earnings per share for the quarter. The company had revenue of $15.06 million during the quarter. Semler Scientific had a return on equity of 30.60% and a net margin of 30.19%.

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.