Traders Buy High Volume of Semler Scientific Call Options (NASDAQ:SMLR)

Semler Scientific, Inc. (NASDAQ:SMLR) saw some unusual options trading activity on Tuesday. Stock investors purchased 6,648 call options on the company. This is an increase of 289% compared to the typical volume of 1,709 call options.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded Semler Scientific from a “buy” rating to a “sell” rating in a research note on Thursday, May 22nd.

Institutional Trading of Semler Scientific

Large investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its position in shares of Semler Scientific by 633.1% in the fourth quarter. Principal Financial Group Inc. now owns 112,487 shares of the company’s stock worth $6,074,000 after buying an additional 97,144 shares during the period. Sanctuary Advisors LLC boosted its holdings in Semler Scientific by 13.2% in the 4th quarter. Sanctuary Advisors LLC now owns 5,012 shares of the company’s stock worth $261,000 after acquiring an additional 584 shares during the period. Global Retirement Partners LLC boosted its stake in shares of Semler Scientific by 62.5% in the fourth 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 period. Shariaportfolio Inc. grew its holdings in Semler Scientific by 4.5% during the 4th quarter. Shariaportfolio Inc. now owns 160,453 shares of the company’s stock valued at $8,664,000 after purchasing an additional 6,837 shares in the last quarter. Finally, IFP Advisors Inc purchased a new stake in Semler Scientific during the 4th quarter worth $54,000. 49.37% of the stock is currently owned by institutional investors and hedge funds.

Semler Scientific Stock Down 7.3%

SMLR opened at $31.50 on Wednesday. Semler Scientific has a 52 week low of $21.77 and a 52 week high of $81.56. The firm has a market cap of $351.29 million, a P/E ratio of 6.42 and a beta of 1.42. The business’s fifty day simple moving average is $35.72 and its 200 day simple moving average is $46.07.

Semler Scientific (NASDAQ:SMLR) last released its earnings results on Tuesday, May 13th. The company reported ($0.76) earnings per share (EPS) for the quarter. The company had revenue of $8.84 million during the quarter. Semler Scientific had a net margin of 72.65% and a return on equity of 50.77%.

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.