Insider Selling: Thomas Scully Sells 8,459 Shares of Select Medical Holdings Stock (SEM)
Select Medical Holdings (NYSE:SEM) Director Thomas Scully sold 8,459 shares of the company’s stock on the open market in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $14.03, for a total transaction of $118,679.77. Following the completion of the transaction, the director now directly owns 143,389 shares of the company’s stock, valued at approximately $2,011,748. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Select Medical Holdings (NYSE:SEM) traded up 2.25% on Tuesday, hitting $14.07. 727,396 shares of the company’s stock traded hands. Select Medical Holdings has a 52-week low of $7.91 and a 52-week high of $16.17. The stock has a 50-day moving average of $14.99 and a 200-day moving average of $13.83. The company has a market cap of $1.829 billion and a P/E ratio of 15.65.
Select Medical Holdings (NYSE:SEM) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.27 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.27. The company had revenue of $772.80 million for the quarter, compared to the consensus estimate of $777.16 million. During the same quarter last year, the company posted $0.27 earnings per share. Select Medical Holdings’s revenue was up 2.1% compared to the same quarter last year. On average, analysts predict that Select Medical Holdings will post $0.94 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Stockholders of record on Wednesday, August 20th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date of this dividend is Monday, August 18th.
Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.