Watershed Asset Management L.L.C. Has $299,000 Stock Position in Semler Scientific, Inc. (NASDAQ:SMLR)

Watershed Asset Management L.L.C. reduced its position in Semler Scientific, Inc. (NASDAQ:SMLR) by 30.0% in the 4th quarter, HoldingsChannel reports. The firm owned 6,747 shares of the company’s stock after selling 2,885 shares during the period. Watershed Asset Management L.L.C.’s holdings in Semler Scientific were worth $299,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Pinnacle Associates Ltd. lifted its position in Semler Scientific by 2.1% during the third quarter. Pinnacle Associates Ltd. now owns 29,746 shares of the company’s stock worth $755,000 after acquiring an additional 625 shares during the last quarter. Conestoga Capital Advisors LLC lifted its position in Semler Scientific by 4.2% during the fourth quarter. Conestoga Capital Advisors LLC now owns 30,499 shares of the company’s stock worth $1,351,000 after acquiring an additional 1,230 shares during the last quarter. Acadian Asset Management LLC lifted its position in Semler Scientific by 2.8% during the third quarter. Acadian Asset Management LLC now owns 80,134 shares of the company’s stock worth $2,031,000 after acquiring an additional 2,218 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Semler Scientific during the third quarter worth approximately $57,000. Finally, Bank of New York Mellon Corp lifted its position in Semler Scientific by 24.7% during the third quarter. Bank of New York Mellon Corp now owns 22,115 shares of the company’s stock worth $561,000 after acquiring an additional 4,387 shares during the last quarter. 49.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, TheStreet upgraded shares of Semler Scientific from a “c+” rating to a “b-” rating in a research report on Friday, March 1st.

Semler Scientific Stock Performance

Shares of NASDAQ SMLR traded up $0.83 during midday trading on Tuesday, reaching $27.09. The company’s stock had a trading volume of 70,536 shares, compared to its average volume of 73,224. Semler Scientific, Inc. has a fifty-two week low of $22.82 and a fifty-two week high of $53.38. The business’s 50 day moving average price is $34.96 and its two-hundred day moving average price is $37.95. The company has a market cap of $190.44 million, a P/E ratio of 10.29 and a beta of 0.89.

Semler Scientific (NASDAQ:SMLR) last announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.55 earnings per share (EPS) for the quarter. The business had revenue of $15.06 million for the quarter. Semler Scientific had a net margin of 30.19% and a return on equity of 30.60%.

About Semler Scientific

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.