Amsurg Corp. EVP David Manning Unloads 14,726 Shares (AMSG)
Amsurg Corp. (NASDAQ:AMSG) EVP David Manning sold 14,726 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $41.00, for a total value of $603,766.00. Following the transaction, the executive vice president now directly owns 102,905 shares in the company, valued at approximately $4,219,105. The sale was disclosed in a document filed with the SEC, which is available at this link.
A number of analysts have recently weighed in on AMSG shares. Analysts at Cantor Fitzgerald raised their price target on shares of Amsurg Corp. from $31.00 to $37.00 in a research note to investors on Friday, July 26th. They now have a “hold” rating on the stock. Separately, analysts at Piper Jaffray Cos. raised their price target on shares of Amsurg Corp. from $32.00 to $36.00 in a research note to investors on Thursday, July 25th. They now have a “neutral” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Amsurg Corp. in a research note to investors on Wednesday, July 17th. They now have a $41.00 price target on the stock.
Shares of Amsurg Corp. (NASDAQ:AMSG) traded up 2.10% during mid-day trading on Thursday, hitting $41.34. 122,525 shares of the company’s stock traded hands. Amsurg Corp. has a one year low of $25.00 and a one year high of $41.00. The stock’s 50-day moving average is $39.07 and its 200-day moving average is $36.83. The company has a market cap of $1.336 billion and a P/E ratio of 18.74.
Amsurg Corp. (NASDAQ:AMSG) last posted its quarterly earnings results on Tuesday, July 23rd. The company reported $0.58 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.56 by $0.02. The company had revenue of $269.30 million for the quarter, compared to the consensus estimate of $265.84 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company’s quarterly revenue was up 16.9% on a year-over-year basis. On average, analysts predict that Amsurg Corp. will post $2.20 earnings per share for the current fiscal year.
AmSurg Corp. is the owner and operator of short stay ambulatory surgery centers (NASDAQ:AMSG) in the United States.
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