Insider Selling: David L. Lassiter Unloads 2,000 Shares of National Healthcare Corp. Stock (NHC)
National Healthcare Corp. (NYSE:NHC) VP David L. Lassiter sold 2,000 shares of the stock on the open market in a transaction dated Friday, August 22nd. The stock was sold at an average price of $57.10, for a total transaction of $114,200.00. Following the transaction, the vice president now directly owns 14,478 shares in the company, valued at approximately $826,694. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of National Healthcare Corp. (NYSE:NHC) traded down 0.05% on Monday, hitting $57.14. The stock had a trading volume of 7,579 shares. National Healthcare Corp. has a one year low of $45.30 and a one year high of $58.92. The stock’s 50-day moving average is $56.20 and its 200-day moving average is $54.33. The company has a market cap of $812.6 million and a price-to-earnings ratio of 15.29.
National Healthcare Corp. (NYSE:NHC) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.72 EPS for the quarter. The company had revenue of $216.56 million for the quarter, compared to the consensus estimate of $192.01 million.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 1st. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Friday, September 26th.
National HealthCare Corporation (NYSE:NHC) is engaged in the operation of long-term health care centers with associated assisted living and independent living centers.
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