259,784 Shares in Viemed Healthcare, Inc. (NASDAQ:VMD) Purchased by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC bought a new position in shares of Viemed Healthcare, Inc. (NASDAQ:VMD) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 259,784 shares of the company’s stock, valued at approximately $2,083,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. National Bank of Canada FI boosted its holdings in shares of 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 buying an additional 1,596 shares during the period. R Squared Ltd bought a new stake in shares of Viemed Healthcare during the 4th quarter worth about $41,000. PDT Partners LLC bought a new stake in shares of Viemed Healthcare during the 3rd quarter worth about $78,000. Walleye Capital LLC bought a new stake in shares of Viemed Healthcare during the 3rd quarter worth about $87,000. Finally, SG Americas Securities LLC bought a new stake in shares of Viemed Healthcare during the 3rd quarter worth about $89,000. Institutional investors own 74.24% of the company’s stock.

Viemed Healthcare Stock Performance

NASDAQ VMD opened at $7.91 on Wednesday. The company has a quick ratio of 1.19, a current ratio of 1.31 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $308.02 million, a P/E ratio of 29.30 and a beta of 1.45. Viemed Healthcare, Inc. has a 12-month low of $6.21 and a 12-month high of $10.44. The firm has a 50-day moving average price of $8.17 and a two-hundred day moving average price of $8.12.

Insider Buying and Selling at Viemed Healthcare

In other Viemed Healthcare news, Director Nitin Kaushal sold 5,995 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $8.58, for a total value of $51,437.10. Following the completion of the sale, the director now owns 126,843 shares of the company’s stock, valued at $1,088,312.94. The trade was a 4.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 20.00% of the company’s stock.

Viemed Healthcare Profile

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.