Viemed Healthcare, Inc. $VMD Shares Sold by LPL Financial LLC

LPL Financial LLC reduced its position in shares of Viemed Healthcare, Inc. (NASDAQ:VMD) by 2.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 188,991 shares of the company’s stock after selling 5,699 shares during the period. LPL Financial LLC owned 0.48% of Viemed Healthcare worth $1,376,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. BCM Advisors LLC increased its position in shares of Viemed Healthcare by 10.6% during the first quarter. BCM Advisors LLC now owns 23,520 shares of the company’s stock valued at $173,000 after acquiring an additional 2,250 shares during the last quarter. Segall Bryant & Hamill LLC increased its position in shares of Viemed Healthcare by 252.1% during the first quarter. Segall Bryant & Hamill LLC now owns 130,229 shares of the company’s stock valued at $948,000 after acquiring an additional 93,242 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Viemed Healthcare by 45.8% during the first quarter. Victory Capital Management Inc. now owns 158,198 shares of the company’s stock valued at $1,152,000 after acquiring an additional 49,701 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Viemed Healthcare by 12.2% during the first quarter. Bank of New York Mellon Corp now owns 80,141 shares of the company’s stock valued at $583,000 after acquiring an additional 8,711 shares during the last quarter. Finally, Mackenzie Financial Corp increased its position in shares of Viemed Healthcare by 225.5% during the fourth quarter. Mackenzie Financial Corp now owns 64,433 shares of the company’s stock valued at $517,000 after acquiring an additional 44,636 shares during the last quarter. 74.24% of the stock is currently owned by institutional investors and hedge funds.

Viemed Healthcare Price Performance

Shares of VMD opened at $7.31 on Friday. Viemed Healthcare, Inc. has a 1-year low of $5.93 and a 1-year high of $9.81. The stock has a market cap of $283.55 million, a PE ratio of 21.50 and a beta of 1.33. The firm has a 50-day simple moving average of $6.74 and a two-hundred day simple moving average of $7.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.48 and a quick ratio of 1.37.

Viemed Healthcare (NASDAQ:VMD) last announced its quarterly earnings results on Wednesday, August 6th. The company reported $0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.08. Viemed Healthcare had a net margin of 5.80% and a return on equity of 10.38%. The business had revenue of $63.06 million during the quarter, compared to analysts’ expectations of $63.50 million.

Insider Activity

In other news, VP Jerome Cambre sold 4,880 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $7.32, for a total value of $35,721.60. Following the completion of the transaction, the vice president owned 84,191 shares of the company’s stock, valued at approximately $616,278.12. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Nitin Kaushal sold 34,100 shares of the firm’s stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $7.01, for a total transaction of $239,041.00. Following the completion of the transaction, the director directly owned 126,843 shares of the company’s stock, valued at approximately $889,169.43. The trade was a 21.19% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 97,922 shares of company stock valued at $703,886. 20.00% of the stock is currently owned by company insiders.

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.