HSTMNasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31
HEALTHSTREAM INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$33.31+0.18 (+0.54%)
Close on Oct 19, 2026
- Market cap
- $976.45M
- P/E (TTM)
- 46.3
- Dividend yield
- 0.37%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
77.9%
23M of 29M shares
Institutional holders
219
45 new, 19 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 8 sales
Net sold $4.74M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 3,621,260 | 11.90% | 13G (passive) amendment | Mar 31, 2025 |
| WJRJJ Ventures, LLC | 2,800,000 | 9.60% | 13D (active) | Sep 14, 2026 |
| Dimensional Fund Advisors LP | 1,557,981 | 5.30% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of HSTM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,080,144 | 13.95% | $111.18M | +228,215 | 0.00% |
| Dimensional Fund Advisors LP | 1,557,981 | 5.33% | $42.45M | +101,938 | 0.01% |
| Copeland Capital Management, LLC | 1,248,384 | 4.27% | $34.02M | −28,355 | 0.70% |
| First Eagle Investment Management, LLC | 1,183,796 | 4.05% | $32.26M | +758,098 | 0.03% |
| Vanguard Capital Management LLC | 1,045,298 | 3.57% | $28.48M | −2,629 | 0.00% |
| State Street Corp | 1,004,170 | 3.43% | $27.36M | +8,613 | 0.00% |
| Vanguard Portfolio Management LLC | 880,543 | 3.01% | $23.99M | −41,303 | 0.00% |
| Two Sigma Investments, LP | 805,584 | 2.76% | $21.95M | −38,836 | 0.02% |
| Geode Capital Management, LLC | 779,219 | 2.66% | $21.24M | +64,472 | 0.00% |
| Goldman Sachs Group Inc | 665,917 | 2.28% | $18.15M | +391,459 | 0.00% |
| JPMorgan Chase & Co | 635,565 | 2.17% | $17.24M | +181,827 | 0.00% |
| Acadian Asset Management LLC | 571,823 | 1.96% | $15.56K | +223,093 | 0.02% |
| Arrowstreet Capital, Limited Partnership | 433,651 | 1.48% | $11.82M | +55,706 | 0.01% |
| Renaissance Technologies LLC | 423,000 | 1.45% | $11.53M | −54,848 | 0.02% |
| Morgan Stanley | 382,954 | 1.31% | $10.44M | +13,968 | 0.00% |
| Northern Trust Corp | 379,711 | 1.30% | $10.35M | +18,034 | 0.00% |
| Creative Planning | 285,852 | 0.98% | $7.79M | +67,666 | 0.00% |
| Lazard Asset Management LLC | 240,950 | 0.82% | $6.57M | +83,742 | 0.01% |
| Aqr Capital Management LLC | 240,232 | 0.82% | $6.55M | +181,390 | 0.00% |
| Charles Schwab Investment Management Inc | 237,710 | 0.81% | $6.48M | −27,934 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 219 | 23M | 77.9% | 45 / 79 | 62 / 19 | 3M | 2M |
| Q1 2026 | 197 | 21M | 73.5% | 41 / 82 | 46 / 31 | 6M | 3M |
| Q4 2025 | 191 | 21M | 72.3% | 24 / 70 | 71 / 30 | 1M | 2M |
| Q3 2025 | 200 | 22M | 74.4% | 25 / 50 | 86 / 24 | 1M | 2M |
| Q2 2025 | 201 | 22M | 75.7% | 23 / 78 | 69 / 32 | 2M | 2M |
| Q1 2025 | 211 | 22M | 76.6% | 27 / 75 | 76 / 21 | 2M | 2M |
| Q4 2024 | 206 | 23M | 77.3% | 31 / 75 | 65 / 30 | 2M | 1M |
| Q3 2024 | 206 | 22M | 74.6% | 24 / 77 | 61 / 16 | 5M | 1M |
| Q2 2024 | 200 | 21M | 73.4% | 30 / 68 | 72 / 18 | 1M | 2M |
| Q1 2024 | 190 | 22M | 75.0% | 23 / 61 | 73 / 20 | 1M | 1M |
| Q4 2023 | 188 | 21M | 73.5% | 25 / 59 | 74 / 14 | 1M | 1M |
| Q3 2023 | 178 | 21M | 72.9% | 21 / 58 | 62 / 15 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of HSTM | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 1,408,411 | 4.82% | $38.38M | 0.03% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 751,138 | 2.57% | $20.47M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 628,061 | 2.15% | $17.11M | 0.02% | Jun 30, 2026 |
| First Eagle Small Cap Opportunity Fund | 537,456 | 1.84% | $15.07M | 0.52% | Jul 31, 2026 |
| U.S. Targeted Value Portfolio | 296,976 | 1.02% | $8.33M | 0.05% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 268,944 | 0.92% | $7.33M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 259,837 | 0.89% | $7.29M | 0.02% | Jul 31, 2026 |
| JPMorgan Small & Mid Cap Enhanced Equity ETF | 240,090 | 0.82% | $6.54M | 0.23% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 223,769 | 0.77% | $6.10M | 0.04% | Jun 30, 2026 |
| Vanguard Strategic Small-Cap Equity Fund | 215,462 | 0.74% | $5.87M | 0.19% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 210,330 | 0.72% | $5.73M | 0.03% | Jun 30, 2026 |
| Dimensional U.S. Targeted Value ETF | 188,817 | 0.65% | $5.29M | 0.04% | Jul 31, 2026 |
| U.S. Small Cap Value Portfolio | 183,383 | 0.63% | $5.14M | 0.03% | Jul 31, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 158,901 | 0.54% | $4.33M | 0.04% | Jun 30, 2026 |
| U.S. Small Cap Portfolio | 157,793 | 0.54% | $4.42M | 0.02% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Robert A. Frist Jr | CEO and Chairman, Director, 10% owner | 5,007,330 | 17.12% | Sep 29, 2026 |
| Scott Alexander Roberts | CFO and SVP | 38,364 | 0.13% | Sep 29, 2026 |
| Kevin P. O'Hara | Executive Vice President | 22,224 | 0.08% | Sep 29, 2026 |
| Michael Scott McQuigg | Senior Vice President | 36,755 | 0.13% | Sep 29, 2026 |
| Michael Manning Collier | Executive Vice President | 62,248 | 0.21% | Sep 29, 2026 |
| Jennifer Hayes LoPresto | Senior Vice President | 6,976 | 0.02% | Sep 29, 2026 |
| Trisha L. Coady | Executive Vice President | 40,737 | 0.14% | Sep 29, 2026 |
| Jeff Cunningham | Chief Technology Officer | 39,077 | 0.13% | Sep 29, 2026 |
| Scott Fenstermacher | Senior Vice President | 16,837 | 0.06% | Oct 31, 2025 |
| Michael Sousa | Executive Vice President | 66,948 | 0.23% | Mar 28, 2025 |
| Linda Rebrovick | Director | 51,329 | 0.18% | Jul 7, 2026 |
| Amir Alex Jahangir | Director | 6,405 | 0.02% | Jun 9, 2026 |
| Jeffrey L. McLaren | Director | 25,748 | 0.09% | Jun 9, 2026 |
| Frank Gordon | Director | 336,356 | 1.15% | Jun 9, 2026 |
| Thompson Dent | Director | 139,975 | 0.48% | Jun 9, 2026 |
| Tate Deborah Taylor | Director | 24,699 | 0.08% | Jun 9, 2026 |
| Charles Beard Jr. | Director | 1,249 | 0.00% | Jun 9, 2026 |
| Terry Allison Rappuhn | Director | 10,391 | 0.04% | Jun 9, 2026 |
| William Stead | Director | 48,298 | 0.17% | May 30, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Robert A. Frist Jr CEO and Chairman, Director, 10% owner | Sep 29, 2026 | Option exercise | +1,955 | – | – | 3,908,993 |
| Robert A. Frist Jr CEO and Chairman, Director, 10% owner | Sep 29, 2026 | Tax withholding | −477 | $29.10 | $13.88K | 3,908,516 |
| Jennifer Hayes LoPresto Senior Vice President | Sep 29, 2026 | Option exercise | +391 | – | – | 6,976 |
| Jennifer Hayes LoPresto Senior Vice President | Sep 29, 2026 | Tax withholding | −134 | $29.10 | $3.90K | 6,842 |
| Michael Scott McQuigg Senior Vice President | Sep 29, 2026 | Option exercise | +1,564 | – | – | 36,755 |
| Michael Scott McQuigg Senior Vice President | Sep 29, 2026 | Tax withholding | −381 | – | – | 36,374 |
| Kevin P. O'Hara Executive Vice President | Sep 29, 2026 | Tax withholding | −400 | $29.10 | $11.64K | 22,224 |
| Kevin P. O'Hara Executive Vice President | Sep 29, 2026 | Option exercise | +1,642 | – | – | 22,624 |
| Michael Manning Collier Executive Vice President | Sep 29, 2026 | Option exercise | +1,955 | – | – | 62,248 |
| Michael Manning Collier Executive Vice President | Sep 29, 2026 | Tax withholding | −477 | $29.10 | $13.88K | 61,771 |
| Jeff Cunningham Chief Technology Officer | Sep 29, 2026 | Option exercise | +1,564 | – | – | 39,077 |
| Jeff Cunningham Chief Technology Officer | Sep 29, 2026 | Tax withholding | −381 | $29.10 | $11.09K | 38,696 |
| Trisha L. Coady Executive Vice President | Sep 29, 2026 | Tax withholding | −400 | $29.10 | $11.64K | 40,737 |
| Trisha L. Coady Executive Vice President | Sep 29, 2026 | Option exercise | +1,642 | – | – | 41,137 |
| Scott Alexander Roberts CFO and SVP | Sep 29, 2026 | Option exercise | +1,564 | – | – | 38,364 |
| Scott Alexander Roberts CFO and SVP | Sep 29, 2026 | Tax withholding | −381 | $29.10 | $11.09K | 37,983 |
| Robert A. Frist Jr CEO and Chairman, Director, 10% owner | Sep 14, 2026 | Sale | −144,068 | $29.50 | $4.25M | 3,907,038 |
| Linda Rebrovick Director | Jul 6, 2026 | Sale(10b5-1 plan) | −6,000 | $29.00 | $174.00K | 51,329 |
| Charles Beard Jr. Director | Jun 8, 2026 | Option exercise | +1,249 | – | – | 1,249 |
| Frank Gordon Director | Jun 8, 2026 | Option exercise | +3,148 | – | – | 215,552 |
| Thompson Dent Director | Jun 8, 2026 | Option exercise | +3,148 | – | – | 139,975 |
| Linda Rebrovick Director | Jun 8, 2026 | Award | +3,148 | – | – | 57,329 |
| Amir Alex Jahangir Director | Jun 8, 2026 | Option exercise | +3,148 | – | – | 6,405 |
| Tate Deborah Taylor Director | Jun 8, 2026 | Option exercise | +3,148 | – | – | 24,699 |
| Jeffrey L. McLaren Director | Jun 8, 2026 | Option exercise | +3,148 | – | – | 25,748 |
| Terry Allison Rappuhn Director | Jun 8, 2026 | Option exercise | +3,148 | – | – | 10,391 |
| Linda Rebrovick Director | Jun 1, 2026 | Sale(10b5-1 plan) | −2,000 | $25.00 | $50.00K | 54,181 |
| Frank Gordon Director | May 28, 2026 | Award | +1,482 | $24.63 | $36.50K | 212,404 |
| Linda Rebrovick Director | May 28, 2026 | Sale(10b5-1 plan) | −2,000 | $25.00 | $50.00K | 56,181 |
| Kevin P. O'Hara Executive Vice President | May 20, 2026 | Sale | −3,000 | $24.08 | $72.24K | 20,982 |
| Trisha L. Coady Executive Vice President | Mar 30, 2026 | Option exercise | +5,672 | – | – | 40,877 |
| Trisha L. Coady Executive Vice President | Mar 30, 2026 | Tax withholding | −1,382 | $21.25 | $29.37K | 39,495 |
| Michael Manning Collier Executive Vice President | Mar 30, 2026 | Tax withholding | −1,774 | $21.25 | $37.70K | 60,293 |
| Michael Manning Collier Executive Vice President | Mar 30, 2026 | Option exercise | +7,285 | – | – | 62,067 |
| Scott Alexander Roberts CFO and SVP | Mar 30, 2026 | Tax withholding | −1,364 | $21.25 | $28.99K | 36,800 |
| Scott Alexander Roberts CFO and SVP | Mar 30, 2026 | Option exercise | +5,601 | – | – | 38,164 |
| Kevin P. O'Hara Executive Vice President | Mar 30, 2026 | Option exercise | +5,672 | – | – | 25,364 |
| Kevin P. O'Hara Executive Vice President | Mar 30, 2026 | Tax withholding | −1,382 | $21.25 | $29.37K | 23,982 |
| Robert A. Frist Jr CEO and Chairman, Director, 10% owner | Mar 30, 2026 | Tax withholding | −984 | $21.25 | $20.91K | 4,051,106 |
| Robert A. Frist Jr CEO and Chairman, Director, 10% owner | Mar 30, 2026 | Option exercise | +4,038 | – | – | 4,052,090 |
| Michael Scott McQuigg Senior Vice President | Mar 30, 2026 | Option exercise | +5,601 | – | – | 36,555 |
| Michael Scott McQuigg Senior Vice President | Mar 30, 2026 | Tax withholding | −1,364 | $21.25 | $28.99K | 35,191 |
| Jennifer Hayes LoPresto Senior Vice President | Mar 30, 2026 | Tax withholding | −274 | $21.25 | $5.82K | 6,585 |
| Jennifer Hayes LoPresto Senior Vice President | Mar 30, 2026 | Option exercise | +803 | – | – | 6,859 |
| Jeff Cunningham Chief Technology Officer | Mar 30, 2026 | Tax withholding | −1,364 | $21.25 | $28.99K | 37,513 |
| Jeff Cunningham Chief Technology Officer | Mar 30, 2026 | Option exercise | +5,601 | – | – | 38,877 |
| Trisha L. Coady Executive Vice President | Feb 27, 2026 | Option exercise | +3,803 | – | – | 36,333 |
| Trisha L. Coady Executive Vice President | Feb 27, 2026 | Tax withholding | −1,128 | $22.09 | $24.92K | 35,205 |
| Michael Manning Collier Executive Vice President | Feb 27, 2026 | Tax withholding | −1,602 | $22.09 | $35.39K | 54,782 |
| Michael Manning Collier Executive Vice President | Feb 27, 2026 | Option exercise | +5,403 | – | – | 56,384 |
| Kevin P. O'Hara Executive Vice President | Feb 27, 2026 | Tax withholding | −1,399 | $22.09 | $30.90K | 19,692 |
| Kevin P. O'Hara Executive Vice President | Feb 27, 2026 | Option exercise | +4,718 | – | – | 21,091 |
| Michael Scott McQuigg Senior Vice President | Feb 27, 2026 | Option exercise | +2,541 | – | – | 31,708 |
| Michael Scott McQuigg Senior Vice President | Feb 27, 2026 | Tax withholding | −754 | $22.09 | $16.66K | 30,954 |
| Jeff Cunningham Chief Technology Officer | Feb 27, 2026 | Tax withholding | −754 | $22.09 | $16.66K | 33,276 |
| Jeff Cunningham Chief Technology Officer | Feb 27, 2026 | Option exercise | +2,541 | – | – | 34,030 |
| Scott Alexander Roberts CFO and SVP | Feb 27, 2026 | Tax withholding | −754 | $22.09 | $16.66K | 32,563 |
| Scott Alexander Roberts CFO and SVP | Feb 27, 2026 | Option exercise | +2,541 | – | – | 33,317 |
| Robert A. Frist Jr CEO and Chairman, Director, 10% owner | Dec 15, 2025 | Gift | −527,918 | – | – | 4,048,052 |
| Robert A. Frist Jr CEO and Chairman, Director, 10% owner | Dec 15, 2025 | Gift | −527,710 | – | – | 4,058,760 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Linda Rebrovick Director | Jul 6, 2026 | 6,000 | $174.00K | Jul 6, 2026 | Stock Award |
| Linda Rebrovick Director | Jun 1, 2026 | 2,000 | $50.00K | Jun 1, 2026 | Stock Award |
| Linda Rebrovick Director | May 28, 2026 | 2,000 | $50.00K | May 28, 2026 | Stock Award |
| Patrick O'Hara Kevin Affiliate | May 20, 2026 | 3,000 | $73.29K | May 20, 2026 | RSU Award |
| P. O'Hara Kevin Affiliate | Dec 8, 2025 | 2,000 | $48.52K | Dec 8, 2025 | RSU Award |
| Patrick O'Hara Kevin Affiliate | Aug 27, 2025 | 2,000 | $56.00K | Aug 27, 2025 | RSU Award |
| Pearson, J. Edward Former Officer | Aug 1, 2023 | 9,850 | $219.81K | Jul 28, 2023 | Stock-based compensation received from HealthStream |
| Pearson, J. Edward Former Officer | Aug 1, 2023 | 75,000 | $1.69M | Jul 31, 2023 | Stock-based compensation received from HealthStream |
| J. Edward Pearson Officer | Apr 28, 2023 | 15,150 | $378.09K | Apr 27, 2023 | Stock-based compensation received from HealthStream |
| J. Edward Pearson Officer | Apr 27, 2023 | 15,150 | $378.09K | Apr 27, 2023 | Stock-based compensation received from HealthStream over years of employment |