HQY — HealthEquity Inc

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About HealthEquity Inc

HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. It offers health savings accounts (HAS); investment platform; online-only automated investment advisory services through Advisor, a Web-based tool. The company also provides flexible spending accounts (FSA) for health and dependent care; health reimbursement arrangements; and Consolidated Omnibus Budget Reconciliation Act continuatio… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$90.52
Market Cap$7.25B
Float82.8M
Shares Outstanding83.8M
P/E (Forward)17.42
P/E (TTM)35.13
Price/Sales (TTM)5.52
vs. Analyst Target+24.7% to analyst PT
Profit Margin16.39%
Operating Margin (TTM)21.64%
Revenue (TTM)$1.31B
Earnings Growth (YoY)92.40%
Dividend RateNone
Analyst Target Price$112.88 (14 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2021 $734M $8.8M $339M $155M
2022 $757M -$44.3M $341M $103M
2023 $862M -$26.1M $396M $172M
2024 $1.00B $55.7M $530M $282M
2025 $1.20B $96.7M $693M $338M
2026 $1.31B $215M $913M $322M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Apr 2025 $331M $53.9M
Jul 2025 $326M $59.9M
Oct 2025 $322M $51.7M
Jan 2026 $335M $49.7M

Ownership & Float

Insider Ownership2.2%
Institutional Ownership106.9%
Short Float6.1%
% of All Funds Holding5.48%
Number of Funds Holding450

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$84.17Near-term / short-term trend
Weekly40-Week SMA$88.40Medium-term trend
Weekly80-Week SMA$93.07Cyclical trend (business cycle)
Weekly200-Week SMA$79.59Secular trend (multi-year)
Monthly10-Month SMA$89.38Near-term monthly trend
Monthly20-Month SMA$93.66Medium-term monthly trend
Monthly40-Month SMA$82.71Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$76.00 support 1.04x 1 months ago
$110.00 resistance 1.91x 13 months ago

Historical Earnings Reactions (47 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.98% 1.60% 63.83% 12.21% -31.82%
1 Day 1.70% 2.68% 72.34% 11.61% -24.60%
1 Week -0.07% 1.25% 55.32% 14.04% -28.99%
2 Weeks 0.99% 0.26% 53.19% 24.33% -29.70%
1 Month 0.17% 0.15% 51.06% 24.67% -43.39%

Next earnings: August 16, 2026 (78 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan3.8%58.3%12
Feb3.6%50.0%12
Mar-0.5%41.7%12
Apr1.0%50.0%12
May5.2%90.9%11
Jun5.7%72.7%11
Jul-1.3%36.4%11
Aug0.2%50.0%12
Sep2.9%75.0%12
Oct2.2%50.0%12
Nov7.9%66.7%12
Dec-8.3%16.7%12

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.19% 54.1% 556
Tuesday 0.17% 53.2% 613
Wednesday 0.17% 53.0% 609
Thursday -0.07% 51.5% 596
Friday 0.01% 52.3% 597

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 106.9%

Insider Transactions — Smart Summary

Total insider ownership: 2.2%

Founder-led management: Stephen Neeleman (Founder and Vice Chairman)

12-Month Insider Activity Summary

Total Filings11
Net Value-$10.7M
Net Shares Change-168,517
% of Float-0.2%
C-Suite Filings8
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Kessler Jon -$17.1M 1 2 sell
Rosner Elimelech EVP, CHIEF TECHNOLOGY OFFICER -$9.0M 2 2 sell
Ladd Delano EVP, General Counsel -$863,567.4 3 N/A
Fiore Michael Henry EVP, CHIEF COMMERCIAL OFFICER -$650,675.364 2 N/A
Wellborn Gayle Furgurson -$206,601.919 1 1 sell
Dilsaver Evelyn S -$3,865.799 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-12-16 – 2025-12-23 3 3 -$1.4M 2 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-12-19 Rosner Elimelech EVP, CHIEF TECHNOLOGY OFFICER -$1.0M Transaction at $95.45, now -5.2%
2025-06-10 Rosner Elimelech EVP, CHIEF TECHNOLOGY OFFICER -$8.0M Transaction at $112.34, now -19.4%
2025-06-10 Kessler Jon -$17.1M Transaction at $85.25, now +6.2%
2025-12-16 Wellborn Gayle Furgurson -$206,601.919 Transaction at $74.22, now +22.0%
2025-09-09 Dilsaver Evelyn S -$3,865.799 Transaction at $57.29, now +58.0%
2025-10-08 Fiore Michael Henry EVP, CHIEF COMMERCIAL OFFICER -$303,149.653 Transaction at $88.39, now +2.4%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for HealthEquity Inc (HQY) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for HQY on Trend Edge →