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Select Medical Holdings (NYSE:SEM) Chairman Rocco A. Ortenzio unloaded 431,821 shares of the stock on the open market in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $14.93, for a total transaction of $6,447,087.53. Following the transaction, the chairman now directly owns 247,143 shares of the company’s stock, valued at approximately $3,689,845. The sale was disclosed in a document filed with the SEC, which is available at this link.

SEM has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Select Medical Holdings from a “neutral” rating to an “outperform” rating in a research note on Wednesday, May 7th. They now have a $14.70 price target on the stock. Separately, analysts at Robert W. Baird raised their price target on shares of Select Medical Holdings from $15.00 to $16.00 in a research note on Monday, May 5th. Finally, analysts at Susquehanna raised their price target on shares of Select Medical Holdings from $15.00 to $20.00 in a research note on Monday, May 5th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $17.93.

Select Medical Holdings (NYSE:SEM) traded down 0.80% during mid-day trading on Wednesday, hitting $14.88. 860,970 shares of the company’s stock traded hands. Select Medical Holdings has a 1-year low of $7.77 and a 1-year high of $15.28. The stock’s 50-day moving average is $14.19 and its 200-day moving average is $11.78. The company has a market cap of $1.947 billion and a P/E ratio of 18.52.

Select Medical Holdings (NYSE:SEM) last released its earnings data on Thursday, May 1st. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.24 by $0.01. The company had revenue of $762.60 million for the quarter, compared to the consensus estimate of $760.50 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 1.7% on a year-over-year basis. Analysts expect that Select Medical Holdings will post $0.94 EPS for the current fiscal year.

Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States.

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