Artisan Partners Limited Partnership Sells 24,202 Shares of HealthEquity, Inc. $HQY

Artisan Partners Limited Partnership trimmed its position in shares of HealthEquity, Inc. (NASDAQ:HQY) by 3.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 597,445 shares of the company’s stock after selling 24,202 shares during the quarter. Artisan Partners Limited Partnership owned 0.69% of HealthEquity worth $56,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of HQY. True Wealth Design LLC increased its position in HealthEquity by 3,522.2% during the third quarter. True Wealth Design LLC now owns 326 shares of the company’s stock valued at $31,000 after acquiring an additional 317 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of HealthEquity by 59.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 392 shares of the company’s stock valued at $37,000 after purchasing an additional 146 shares during the last quarter. AlphaQuest LLC increased its position in shares of HealthEquity by 52.2% during the 3rd quarter. AlphaQuest LLC now owns 624 shares of the company’s stock valued at $59,000 after purchasing an additional 214 shares during the last quarter. Allworth Financial LP lifted its stake in shares of HealthEquity by 283.1% in the 2nd quarter. Allworth Financial LP now owns 747 shares of the company’s stock worth $78,000 after purchasing an additional 552 shares during the period. Finally, Huntington National Bank boosted its holdings in shares of HealthEquity by 119.3% in the second quarter. Huntington National Bank now owns 750 shares of the company’s stock worth $79,000 after buying an additional 408 shares during the last quarter. 99.55% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at HealthEquity

In related news, EVP Elimelech Rosner sold 10,959 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $95.45, for a total transaction of $1,046,036.55. Following the completion of the transaction, the executive vice president owned 45,742 shares in the company, valued at approximately $4,366,073.90. This represents a 19.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Delano Ladd sold 1,500 shares of HealthEquity stock in a transaction on Friday, December 19th. The shares were sold at an average price of $94.72, for a total transaction of $142,080.00. Following the completion of the sale, the executive vice president owned 73,979 shares in the company, valued at approximately $7,007,290.88. This represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on HQY shares. Raymond James Financial set a $100.00 price target on shares of HealthEquity in a research report on Tuesday, February 17th. BMO Capital Markets set a $85.00 target price on HealthEquity in a report on Tuesday. Barclays cut their price target on HealthEquity from $118.00 to $110.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th. JPMorgan Chase & Co. raised their price objective on HealthEquity from $126.00 to $129.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $125.00 price objective on shares of HealthEquity in a research report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $112.00.

HealthEquity Price Performance

Shares of HealthEquity stock opened at $76.49 on Friday. The company has a market capitalization of $6.54 billion, a price-to-earnings ratio of 35.09, a PEG ratio of 0.96 and a beta of 0.24. The company has a quick ratio of 4.13, a current ratio of 4.13 and a debt-to-equity ratio of 0.46. The stock’s 50-day simple moving average is $84.61 and its 200-day simple moving average is $91.13. HealthEquity, Inc. has a 52 week low of $72.76 and a 52 week high of $116.65.

HealthEquity (NASDAQ:HQY) last issued its earnings results on Wednesday, December 3rd. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.11. HealthEquity had a return on equity of 12.94% and a net margin of 14.86%.The company had revenue of $322.16 million for the quarter, compared to the consensus estimate of $320.92 million. During the same quarter last year, the company earned $0.78 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. HealthEquity has set its FY 2026 guidance at 3.870-3.950 EPS. As a group, analysts expect that HealthEquity, Inc. will post 2.32 earnings per share for the current fiscal year.

About HealthEquity

HealthEquity, Inc (NASDAQ: HQY) is a leading administrator of consumer-directed health accounts and related benefit solutions in the United States. Founded in 2002 and headquartered in Draper, Utah, the company specializes in health savings accounts (HSAs) and offers complementary services such as flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), COBRA administration and commuter benefits. Through its technology-driven platform, HealthEquity enables employers, health plans and individuals to streamline account management, improve cost transparency and encourage more informed healthcare spending.

Serving millions of members across all 50 states, HealthEquity leverages an open-architecture ecosystem that integrates with health plans, payroll providers and financial institutions.