HealthEquity (HQY)

• Market cap: $7.7B
• 1 day: -0.44%
• 5 days: 6.72%
• 1 month: -16.98%
• 3 months: -7.76%
• 6 months: 11.13%
• Year to date: -8.24%
• 1 year: 11.43%
• 5 years: 71.12%
• 10 years: 252.36%
• Sector: Industrials
• Industry: Business Services

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

326% more call options, than puts

Call options by funds: $29.1M | Put options by funds: $6.82M

128.61% more ownership

Funds ownership: 101.56% [Q3] → 230.17% (+128.61%) [Q4]

107% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 42

50% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 6 (+2) [Q4]

49% more capital invested

Capital invested by funds: $7.27B [Q3] → $10.8B (+$3.55B) [Q4]

17% more repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 139

9% more funds holding

Funds holding: 400 [Q3] → 435 (+35) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $94 6% upside
• Avg. target: $111 25% upside
• High target: $125 41% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Goldman Sachs David Roman 30% 1-year accuracy 6 / 20 met price target	6% upside $94	Neutral Maintained	27 Mar 2025
Raymond James C. Gregory Peters 87% 1-year accuracy 33 / 38 met price target	29% upside $115	Strong Buy Upgraded	25 Mar 2025
Keybanc Scott Schoenhaus 39% 1-year accuracy 12 / 31 met price target	24% upside $110	Overweight Maintained	24 Mar 2025
Barrington Research Alexander Paris 61% 1-year accuracy 78 / 128 met price target	26% upside $112	Outperform Maintained	19 Mar 2025
Wells Fargo Stan Berenshteyn 22% 1-year accuracy 2 / 9 met price target	41% upside $125	Overweight Maintained	26 Feb 2025