Insider Selling: William B. Yarmuth Unloads 15,000 Shares of Almost Family Stock (AFAM)
Almost Family (NASDAQ:AFAM) CEO William B. Yarmuth sold 15,000 shares of Almost Family stock on the open market in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $31.27, for a total transaction of $469,050.00. Following the completion of the transaction, the chief executive officer now directly owns 384,283 shares in the company, valued at approximately $12,016,529. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on AFAM shares. Analysts at Zacks upgraded shares of Almost Family from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, January 13th. They now have a $36.40 price target on the stock. Separately, analysts at Piper Jaffray raised their price target on shares of Almost Family from $22.00 to $27.00 in a research note to investors on Monday, December 16th. Finally, analysts at RBC Capital upgraded shares of Almost Family from an “underperform” rating to a “sector perform” rating in a research note to investors on Wednesday, December 11th. They now have a $28.00 price target on the stock, up previously from $15.00. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. Almost Family has an average rating of “Hold” and a consensus target price of $27.10.
Shares of Almost Family (NASDAQ:AFAM) traded down 1.32% during mid-day trading on Thursday, hitting $30.63. 69,927 shares of the company’s stock traded hands. Almost Family has a one year low of $17.66 and a one year high of $33.97. The stock’s 50-day moving average is $31.71 and its 200-day moving average is $23.11. The company has a market cap of $285.1 million and a P/E ratio of 25.01.
Almost Family (NASDAQ:AFAM) last released its earnings data on Tuesday, November 5th. The company reported $0.29 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.27 by $0.02. The company had revenue of $88.80 million for the quarter, compared to the consensus estimate of $85.82 million. Analysts expect that Almost Family will post $1.18 EPS for the current fiscal year.
Almost Family, Inc, along with its subsidiaries, is a regionally focused provider of home health services.
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