HealthStream director Linda Rebrovick sells $420,000 in stock

HealthStream Inc. (NASDAQ:HSTM) director Linda Rebrovick recently sold 12,000 shares of the company's common stock, totaling $420,000. The shares were sold at $35.00 per share on October 23, 2026, reducing Rebrovick's direct holdings of HealthStream common stock to 39,329 shares. The sale coincided with HealthStream's stock trading near its 52-week high of $35.23, following a 65% increase over the past six months.

With a P/E ratio of 48.37 and a market capitalization of $1.06 billion, InvestingPro analysis suggests the stock is overvalued. Rebrovick had put the sale in motion via a Rule 10b5-1 sales plan, adopted on November 21, 2025. In other news, HealthStream reported Q2 2026 earnings that exceeded analyst expectations, with adjusted earnings per share of $0.23 and revenue of $83.7 million, marking a 12.5% year-over-year increase.

Freedom Capital initiated coverage of HealthStream with a Hold rating and a price target of $36.00, valuing the company at three times its fiscal 2027 estimated revenue and 12 times its fiscal 2027 adjusted EBITDA.