Viemed Healthcare, Inc. (NASDAQ:VMD) Director Nitin Kaushal Sells 5,995 Shares

Viemed Healthcare, Inc. (NASDAQ:VMD) Director Nitin Kaushal sold 5,995 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $8.58, for a total value of $51,437.10. Following the sale, the director now directly owns 126,843 shares of the company’s stock, valued at $1,088,312.94. This represents a 4.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Nitin Kaushal also recently made the following trade(s):

• On Monday, November 11th, Nitin Kaushal sold 30,000 shares of Viemed Healthcare stock. The stock was sold at an average price of $9.56, for a total value of $286,800.00.

Viemed Healthcare Stock Performance

Shares of NASDAQ:VMD opened at $8.66 on Wednesday. The stock has a market capitalization of $337.22 million, a P/E ratio of 32.07 and a beta of 1.43. Viemed Healthcare, Inc. has a 1-year low of $6.21 and a 1-year high of $10.44. The company has a current ratio of 1.31, a quick ratio of 1.19 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average price of $8.51 and a two-hundred day moving average price of $7.57.

Viemed Healthcare (NASDAQ:VMD) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.02. The firm had revenue of $58.00 million during the quarter. Viemed Healthcare had a return on equity of 8.72% and a net margin of 4.87%.

Institutional Trading of Viemed Healthcare

A number of institutional investors and hedge funds have recently modified their holdings of VMD. National Bank of Canada FI increased its stake in Viemed Healthcare by 91.2% during the 3rd quarter. National Bank of Canada FI now owns 3,346 shares of the company’s stock worth $25,000 after purchasing an additional 1,596 shares in the last quarter. Evernest Financial Advisors LLC bought a new stake in Viemed Healthcare during the 2nd quarter worth approximately $66,000. Perkins Coie Trust Co bought a new stake in Viemed Healthcare during the 3rd quarter worth approximately $73,000. PDT Partners LLC bought a new stake in Viemed Healthcare during the 3rd quarter worth approximately $78,000. Finally, Victory Capital Management Inc. increased its stake in Viemed Healthcare by 21.1% during the 2nd quarter. Victory Capital Management Inc. now owns 12,791 shares of the company’s stock worth $84,000 after purchasing an additional 2,226 shares in the last quarter. 74.24% of the stock is owned by institutional investors.

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.