HealthStream (HSTM) reported second-quarter 2026 revenue of $83.7 million, up 12.5% from $74.4 million a year earlier, setting a company record for quarterly revenue. Net income rose 23.8% to $6.7 million, while diluted EPS increased to $0.23 from $0.18.
The company updated its full-year 2026 guidance, projecting revenue of $327.0 million to $332.0 million and net income of $19.5 million to $22.2 million. Its board also declared a quarterly cash dividend of $0.035 per share.
- Operating income was $8.3 million, up 41.4% from the second quarter of 2025.
- Adjusted EBITDA was $20.6 million, up 16.9% year over year.
- Cash, cash equivalents and marketable securities totaled $66.7 million at June 30, 2026.
- The company had no outstanding indebtedness from borrowed money.
- During the first six months of 2026, HealthStream repurchased 432,476 shares for $9.3 million.
- The quarterly dividend is payable Aug. 28, 2026, to holders of record on Aug. 17, 2026.
$HSTM Insider Trading Activity
$HSTM insiders have traded $HSTM stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $HSTM stock by insiders over the last 6 months:
- LINDA REBROVICK has made 0 purchases and 2 sales selling 8,000 shares for an estimated $224,000.
- KEVIN P O'HARA (Executive Vice President) sold 3,000 shares for an estimated $72,229
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$HSTM Hedge Fund Activity
We have seen 122 institutional investors add shares of $HSTM stock to their portfolio, and 66 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TWO SIGMA INVESTMENTS, LP added 624,865 shares (+284.6%) to their portfolio in Q1 2026, for an estimated $12,940,954
- ACADIAN ASSET MANAGEMENT LLC removed 498,774 shares (-58.9%) from their portfolio in Q1 2026, for an estimated $10,329,609
- PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. removed 451,794 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $9,356,653
- COPELAND CAPITAL MANAGEMENT, LLC added 389,186 shares (+43.8%) to their portfolio in Q1 2026, for an estimated $8,060,042
- STEPHENS INVESTMENT MANAGEMENT GROUP LLC removed 315,291 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $6,529,676
- ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. removed 303,070 shares (-96.7%) from their portfolio in Q2 2026, for an estimated $8,258,657
- INVENOMIC CAPITAL MANAGEMENT LP added 240,370 shares (+inf%) to their portfolio in Q1 2026, for an estimated $4,978,062
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
