Insider Selling: Brookdale Senior Living Insider Sells 2,714 Shares of Stock (BKD)
Brookdale Senior Living (NYSE:BKD) Insider Mary Sue Patchett sold 2,714 shares of the company’s stock on the open market in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $25.45, for a total value of $69,071.30. Following the sale, the insider now directly owns 41,783 shares in the company. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
BKD has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Brookdale Senior Living (NYSE:BKD) in a research note to investors on Thursday, August 15th. They now have a $34.00 price target on the stock, up previously from $33.00. Analysts at Barclays Capital raised their price target on shares of Brookdale Senior Living (NYSE:BKD) from $32.00 to $33.00 in a research note to investors on Monday, August 12th.
One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $33.00.
Brookdale Senior Living (NYSE:BKD) traded up 2.91% on Monday, hitting $26.16. 1,682,002 shares of the company’s stock traded hands. Brookdale Senior Living has a 1-year low of $21.28 and a 1-year high of $30.65. The stock’s 50-day moving average is $27.08 and its 200-day moving average is $27.64. The company’s market cap is $3.245 billion.
Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.01) by $0.03. The company had revenue of $712.27 million for the quarter, compared to the consensus estimate of $700.85 million. During the same quarter in the prior year, the company posted ($0.15) earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis. Analysts expect that Brookdale Senior Living will post $-0.01 EPS for the current fiscal year.
Brookdale Senior Living Inc (NYSE:BKD) is an owner and operator of senior living communities throughout the United States.
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