One Capital Management LLC Increases Stake in HealthEquity, Inc. $HQY

One Capital Management LLC lifted its stake in shares of HealthEquity, Inc. (NASDAQ:HQY) by 57.4% during the 4th quarter, HoldingsChannel reports. The fund owned 23,695 shares of the company’s stock after acquiring an additional 8,642 shares during the period. One Capital Management LLC’s holdings in HealthEquity were worth $2,171,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of HQY. Torren Management LLC purchased a new position in shares of HealthEquity during the 4th quarter worth about $40,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of HealthEquity by 190.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 604 shares of the company’s stock worth $55,000 after acquiring an additional 396 shares during the period. AlphaQuest LLC lifted its holdings in shares of HealthEquity by 52.2% during the 3rd quarter. AlphaQuest LLC now owns 624 shares of the company’s stock worth $59,000 after acquiring an additional 214 shares during the period. Larson Financial Group LLC lifted its holdings in shares of HealthEquity by 24.4% during the 3rd quarter. Larson Financial Group LLC now owns 628 shares of the company’s stock worth $60,000 after acquiring an additional 123 shares during the period. Finally, Allworth Financial LP lifted its holdings in shares of HealthEquity by 88.3% during the 4th quarter. Allworth Financial LP now owns 706 shares of the company’s stock worth $65,000 after acquiring an additional 331 shares during the period. 99.55% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HQY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on shares of HealthEquity from $120.00 to $128.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Wells Fargo & Company set a $111.00 price target on shares of HealthEquity in a report on Monday. KeyCorp restated an “overweight” rating on shares of HealthEquity in a report on Tuesday, May 26th. Barclays cut their price target on shares of HealthEquity from $118.00 to $110.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Finally, Raymond James Financial set a $100.00 price target on shares of HealthEquity in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $111.53.

HealthEquity Stock Down 2.5%

HQY stock opened at $88.34 on Wednesday. HealthEquity, Inc. has a twelve month low of $72.76 and a twelve month high of $116.65. The company has a current ratio of 3.44, a quick ratio of 3.44 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $7.39 billion, a P/E ratio of 33.09, a PEG ratio of 1.55 and a beta of 0.21. The firm has a 50 day simple moving average of $83.63 and a 200-day simple moving average of $86.61.

HealthEquity (NASDAQ:HQY) last released its quarterly earnings results on Thursday, May 28th. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.13. HealthEquity had a net margin of 17.25% and a return on equity of 14.75%. The business had revenue of $354.64 million during the quarter, compared to the consensus estimate of $352.02 million. The company’s revenue was up 7.2% compared to the same quarter last year. HealthEquity has set its FY 2027 guidance at 2.880-2.950 EPS. On average, equities research analysts predict that HealthEquity, Inc. will post 3.84 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other HealthEquity news, Director Gayle Furgurson Wellborn sold 2,439 shares of HealthEquity stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $90.00, for a total value of $219,510.00. Following the completion of the transaction, the director owned 19,733 shares of the company’s stock, valued at $1,775,970. The trade was a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Michael Henry Fiore sold 3,142 shares of HealthEquity stock in a transaction on Friday, May 29th. The stock was sold at an average price of $95.00, for a total transaction of $298,490.00. Following the completion of the transaction, the executive vice president directly owned 59,113 shares of the company’s stock, valued at approximately $5,615,735. This represents a 5.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 13,081 shares of company stock valued at $1,193,000 over the last 90 days. 1.60% of the stock is owned by company insiders.

HealthEquity Profile

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.