Nkcfo LLC Makes New Investment in Semler Scientific, Inc. (NASDAQ:SMLR)

Nkcfo LLC purchased a new position in shares of Semler Scientific, Inc. (NASDAQ:SMLR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,000 shares of the company’s stock, valued at approximately $177,000. Nkcfo LLC owned about 0.06% of Semler Scientific at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased its stake in Semler Scientific by 128.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 58,560 shares of the company’s stock worth $2,594,000 after acquiring an additional 32,921 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in Semler Scientific during the fourth quarter worth about $383,000. Trexquant Investment LP acquired a new stake in shares of Semler Scientific in the third quarter valued at about $345,000. LSV Asset Management grew its stake in shares of Semler Scientific by 27.5% in the third quarter. LSV Asset Management now owns 144,546 shares of the company’s stock valued at $3,667,000 after buying an additional 31,215 shares in the last quarter. Finally, Conestoga Capital Advisors LLC grew its stake in shares of Semler Scientific by 4.2% in the fourth quarter. Conestoga Capital Advisors LLC now owns 30,499 shares of the company’s stock valued at $1,351,000 after buying an additional 1,230 shares in the last quarter. 49.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Semler Scientific Stock Performance

Shares of SMLR stock traded up $0.48 during trading hours on Friday, reaching $27.00. The company had a trading volume of 40,049 shares, compared to its average volume of 50,957. The company has a market capitalization of $189.84 million, a P/E ratio of 10.23 and a beta of 0.92. Semler Scientific, Inc. has a twelve month low of $22.82 and a twelve month high of $53.38. The stock’s fifty day simple moving average is $31.02 and its 200 day simple moving average is $37.69.

Semler Scientific (NASDAQ:SMLR) last announced its quarterly earnings results 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 return on equity of 30.60% and a net margin of 30.19%.

Semler Scientific Company Profile

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.