Nitin Kaushal Sells 30,000 Shares of Viemed Healthcare, Inc. (NASDAQ:VMD) Stock

Viemed Healthcare, Inc. (NASDAQ:VMD) Director Nitin Kaushal sold 30,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $9.56, for a total transaction of $286,800.00. Following the completion of the sale, the director now owns 126,843 shares of the company’s stock, valued at $1,212,619.08. This trade represents a 19.13 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Viemed Healthcare Price Performance

VMD opened at $9.06 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.19 and a current ratio of 1.31. The stock has a market capitalization of $352.80 million, a PE ratio of 33.56 and a beta of 1.43. Viemed Healthcare, Inc. has a 1 year low of $6.21 and a 1 year high of $10.44. The company’s 50 day simple moving average is $8.31 and its 200 day simple moving average is $7.53.

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

Institutional Investors Weigh In On Viemed Healthcare

Several hedge funds have recently modified their holdings of the stock. Evernest Financial Advisors LLC bought a new stake in Viemed Healthcare during the 2nd quarter valued at approximately $66,000. Perkins Coie Trust Co acquired a new position in Viemed Healthcare in the third quarter worth $73,000. Price T Rowe Associates Inc. MD bought a new stake in Viemed Healthcare during the 1st quarter worth about $97,000. PDT Partners LLC acquired a new stake in shares of Viemed Healthcare in the third quarter valued at approximately $78,000. Finally, Walleye Capital LLC acquired a new stake in shares of Viemed Healthcare in the 3rd quarter valued at $87,000. 74.24% of the stock is owned by hedge funds and other institutional investors.

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.